Day: December 14, 2024
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Today, the FARE Act, sponsored by Councilmember Chi Ossé becomes law.
This law, taking effect in 180 days, will prohibit landlords from passing the fees of brokers they hire onto prospective tenants, bringing greater fairness to New York City’s rental housing market. FARE Act Becomes Law, Reforming Broker Fees to Help Working-Class New Yorkers Afford Housing City Hall, NY – Today ( December 14, 2024 ), Introduction 360-A,…