In New York, unlike nearly every other part of the country, tenants usually pay the fee even though landlords usually hire the broker. Tenants and advocates rallying outside City Hall ahead of the vote said that’s the problem.

The City Council overwhelmingly passed a measure to shift the burden of broker fees to landlords. Here’s what that means for renters.

New York City renters may no longer be on the hook for costly broker fees when signing a new apartment lease. The city council is poised to pass the Fairness in Apartment Rental Expenses, or FARE, Act.

The City Council approved a bill on Wednesday that would curb a loathed New York City real estate practice: making renters pay thousands of dollars in broker fees.

The broker fee, long a bane of New York City renters, just got voted out. The New York City Council passed a bill Wednesday requiring landlords to pay fees for brokers they hire to list and show apartments.

Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from the city's real estate lobby.

New York City landlords will be required to pay costly broker fees for tenants under a plan approved by the City Council that real estate groups argue will drive up rents and make it harder to find housing in the city.

A StreetEasy survey shows 81% of renters believe landlords, not renters, should pay these fees, and 78% felt they had no choice but to pay a broker fee to secure housing.

Boston is the last major U.S. city to maintain the practice of renter-paid broker fees. Is it time to ban broker fees?

The New York City Council passed a bill Wednesday to make renting an apartment a little easier. The bill, known as the FARE Act, requires landlords to pay the fee when they hire a real estate broker to market their properties.