Month: July 2026

In effect as of June 2025, the FARE Act ensures that NYC renters do not have to pay broker fees unless they hired the broker. The law is a relief for many New Yorkers, who pay an average of $12,951 in upfront costs — including broker fees — to move into a rental, according to StreetEasy data. StreetEasy and Zillow believe this legislation will result in positive changes for all sides of …