New Yorkers filed more than 2,000 complaints and queries about the FARE Act in the law’s first year, and the city has clawed back about $15,000 in broker fees for tenants, according to figures from the City Reporter published in Hell Gate’s Morning Spew newsletter.
The FARE Act is the law that flipped who pays the broker. Instead of a renter getting hit with a fee worth a month or more of rent to a broker they never hired, the party that actually hires the broker, in most cases the landlord, has to cover it. It took effect a year ago, and the early enforcement numbers are now in.




