New York City Council expected to pass bill shifting broker fees to landlords

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New York City Council expected to pass bill shifting broker fees to landlords
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New York City Council is set to vote on a bill that could make moving into a new apartment less expensive by shifting broker fees to landlords.

The New York City Council is set to vote on a bill that would eliminate the steep upfront cost that renters face when moving into a new apartment.Now, broker fees could be shifted to landlords.

The legislation, authored by council member Chi Osse, had 33 sponsors as of Tuesday night, which was one short of a veto-proof majority. The vote comes as rents in New York City continue to soar, adding strain to the pockets of the average person.

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