Friday 7 February 2020

Boston takes a cue from New York, looks to reverse broker fee system

First New York, now Boston? Following New York’s example, Boston is considering eliminating its rental broker fees, the Boston Herald reported. Mayor Martin Walsh announced he would form a working group with a variety of stakeholders to study rental fees. In Boston, broker’s fees are often the equivalent of one month’s rent, and come in addition to paying a security deposit and first and last months’ rent upfront. Like other major cities, Boston is facing



source https://therealdeal.com/2020/02/07/boston-takes-a-cue-from-new-york-looks-to-reverse-broker-fee-system/

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