Tuesday, 7 July 2020

Council members talk broker fee caps and real estate donations

It wasn’t so long ago that broker fees were among the biggest points of contention in city government. Democratic City Council member Keith Powers remembers, recalling a heated hearing last summer, when thousands of residential real estate agents converged on City Hall to protest his bill, which would cap broker fees. “Untangling” New York City’s complex rent system has proven difficult, he said. “I’ve spoken to lots and lots of brokers, who are working really



source https://therealdeal.com/2020/07/07/council-members-talk-broker-fee-caps-and-real-estate-donations/

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