NYC renters can pay $10K in move-in costs. FARE Act would change that: Pol

10 months ago 27

NEW YORK CITY (PIX11) -- New York City renters can pay over $10,000 in move-in costs thanks to hefty broker fees, but the FARE Act could change that, City Council Member Crystal Hudson said.

Hudson joined PIX on Politics to discuss the Fairness in Apartment Rental Expenses Act, which proposes that whoever hires the broker has to pay them, instead of automatically putting the expense onto the renter.

"We're simply saying whoever hires the broker pays for the broker," Hudson said.

Watch the video player for the full interview.

Article From: pix11.com

Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request