On Wednesday the New York City Council banned this practice by passing the Fairness in Apartment Rentals, or FARE, Act.
The fall represents a bigger drop than normal at this time of year, which Rightmove attributed to pre- and post- Budget ...
NPR's Ayesha Rascoe speaks with New York City Council Member Chi Ossé about his FARE act, which shifts the responsibility for broker fees from the tenant to the landlord in many cases.
But things are about to change. (SOUNDBITE OF ARCHIVED RECORDING) CHI OSSE: If you've rented in New York, you probably had to pay a broker's fee, even if you never hired a broker. I'm city council ...
Tenants will compete over fewer homes and pay ever-higher prices, according to a closely-watched survey of property experts.