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Governor Hochul recently showed support for New York City’s FARE Act, a law aimed at easing the financial burden of renting by requiring owners to cover broker fees when they hire the broker. On April 3, her administration filed an amicus brief urging the court to uphold the law and emphasizing that the FARE Act does not conflict with existing state regulations. And in a public video with Councilmember Chi Ossé, the bill’s sponsor, the governor stated, “These broker fee...

Mayor Adams recently appointed Doug Apple as the new chairman of the Rent Guidelines Board (RGB), with Reed Jordan and Alex Armlovich as members. The new appointments signal the city’s ongoing commitment to maintaining affordability for working families while making rent-stabilized apartments e...