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Fairness in Apartment Rental Expenses Act

Coverage of Fairness in Apartment Rental Expenses Act in the Nexus archive.

Earliest in view: Jun 8 · 09:00 UTCMost recent: Jul 13 · 19:44 UTC
Co-mentioned in this coverage
New York Cityplace2Second Circuitorganization1Barrington D. Parkerperson1Debra Ann Livingstonperson1Maria Araújo Kahnperson1Real Estate Board of New Yorkorganization1Hogan Lovells USorganization1Department of Consumer and Worker Protectionorganization1Office of Administrative Trials and Hearingsorganization1Calperson1broker feestopic1
Recent coverage
  • BUSINESSJul 13 · 19:44 UTCCOURTHOUSE NEWS
    Landlords lose appeal challenging NYC broker fee ban

    New York City landlords, real estate brokers, and industry groups lost an appeal challenging the Fairness in Apartment Rental Expenses Act, which prohibits landlords from passing broker fees to tenants. A three-judge panel affirmed a lower court’s ruling, stating the law addresses housing affordability and does not unconstitutionally restrict speech. The Real Estate Board of New York remains committed to challenging the law, citing reduced transparency and rising rents.

  • BUSINESSJun 8 · 09:00 UTCTHE CITY NYC
    Broker Fee Law’s First Year: Complaints, Violations and Uphill Climb to Recoup for Tenants

    New York City's FARE Act, which requires landlords to pay broker fees, has led to over 2,000 complaints and 74 summonses in its first year, with $15,000 in refunds awarded to tenants. The law allows tenants to report illegal fees, but enforcement challenges persist as landlords and brokers face violations.