The FARE Act (Fairness in Apartment Rentals) is a NYC law that took effect in June 2025. The bottom line: if a landlord hires a broker to list an apartment, the landlord pays that broker — not the renter. For decades, NYC was an outlier in pushing 12-15% one-time broker fees onto renters who never asked for the broker in the first place. That's largely over for landlord-listed units. Renters who hire their own broker still pay that broker. Here's what's actually changed and w