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New York Moves Closer to Decision on Divisive Bill on Broker Fees

Real Estate Lobbying Group Says Ban on the Payments Will Lead to Higher Rents
About 1,500 New York real estate professionals, including Bess Freedman, CEO of brokerage Brown Harris Stevens, center, gathered outside City Hall to protest against a proposed bill to ban broker fees. (Real Estate Board of New York)
About 1,500 New York real estate professionals, including Bess Freedman, CEO of brokerage Brown Harris Stevens, center, gathered outside City Hall to protest against a proposed bill to ban broker fees. (Real Estate Board of New York)
CoStar News
June 14, 2024 | 9:26 P.M.

New York and Boston are said to be two major U.S. cities where tenants pay apartment broker fees even when they didn't hire that professional to help them find a place to live.

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News | New York Moves Closer to Decision on Divisive Bill on Broker Fees