{"id":2708,"date":"2024-11-13T18:07:31","date_gmt":"2024-11-13T23:07:31","guid":{"rendered":"https:\/\/blog.openigloo.com\/?p=2708"},"modified":"2024-11-19T11:05:03","modified_gmt":"2024-11-19T16:05:03","slug":"what-we-said-at-the-nyc-city-council-about-the-fairness-and-apartment-rental-expenses-or-fare-act","status":"publish","type":"post","link":"https:\/\/blog.openigloo.com\/what-we-said-at-the-nyc-city-council-about-the-fairness-and-apartment-rental-expenses-or-fare-act\/","title":{"rendered":"What We Said at the New York City Council About The FARE Act"},"content":{"rendered":"\n
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\ud83d\udca1 UPDATE: The FARE Act Passed on November 13, 2024. <\/strong>Read more here.<\/strong><\/a><\/p>\n\n\n\n

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On Wednesday, June 12, 2024, openigloo was invited to testify at City Council about the FARE Act (Fairness in Apartment Rental Expenses Act). The proposed bill stipulates that whoever hires the real estate broker should pay for the broker fee. In New York City, the majority of rental listings come with a fee<\/span><\/a>. This common practice in NYC makes moving very expensive for renters. Groups who support and don\u2019t support the bill attended the Council’s committee on consumer and worker protection to hear various stakeholders testify and share their perspectives.<\/p>\n\n\n\n

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Read about broker fees<\/a><\/div>\n<\/div>\n\n\n\n
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See our full testimony below: <\/h2>\n\n\n\n
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