The City Council approved a bill on Wednesday that would curb a loathed New York City real estate practice: making renters pay thousands of dollars in broker fees. The post New York City Council approves bill shifting broker fees to landlords appeared first on Boston.

The New York City Council passed a bill Wednesday that shifts the burden of broker fees from tenants to landlords.The Fairness in Apartment Rental Expenses, or F.A.R.E., Act passed, getting 42 of 51 votes,

The New York City Council approved new legislation on Wednesday that will eliminate hefty upfront broker fees for most renters.