Move would significantly lower upfront expenses for renters in city with one of the world’s highest costs of living
The New York City council is expected to approve a bill on Wednesday that would prevent tenants from having to pay fees to brokers hired by landlords.
The move would significantly lower upfront expenses for renters in a city with one of the highest costs of living in the world. The median asking rent in New York City was $3,500 in 2023.