"I sincerely hope that the real estate industry sues to have this law stopped," she said. New York City Mayor Eric Adams weighed in on proposed legislation Tuesday, saying the bill has the right intention, but sometimes good intentions do not yield the ...

There are many costs associated with living in an increasingly expensive New York City, but the broker fee might be the most detested one. Moving into an apartment in the city can easily cost more than $10,

The New York City Council passed, in a 42-8 vote, a bill that will put an end to forcing tenant-paid brokers fees, as the city looks for strategies to tackle the housing affordability crisis. Now, whoever hires the broker will have to pay their fees.