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Should NYC landlords cover broker fees? Here's what the City Council is voting on today.

By CBS News   |   Nov 13, 2024 at 07:24 AM EST
Should NYC landlords cover broker fees? Here's what the City Council is voting on today.

New York City Council is set to vote on the F.A.R.E. Act, which would require landlords to pay broker fees instead of tenants. The bill aims to ease financial burden on renters, but opponents fear it may lead to rent hikes.

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