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Home » NYC Broker Fees Are Banned but Not Gone as City Ramps Up Enforcement

NYC Broker Fees Are Banned but Not Gone as City Ramps Up Enforcement

By Big New York · 10/29/2026 · Updated 10/29/2026

In a year and a half, officials issued $60,000 in penalties against people violating the FARE Act. So-called “management fees.” Listed apartments already rented. Off-market exclusives dangled like bait. These are among what some apartment-seekers saw as they searched for rentals in the wake of the 2025 FARE Act, which in almost all cases bans.

For New York readers, the important questions are what this story changes, who is affected, what remains uncertain, and whether official records or public responses support the claims being discussed.

BigNY links to the original media report so readers can review the reporting directly. When official records, agency pages, court filings, audits, or public statements are available, they should be read alongside the media account for full context.

Questions New Yorkers may ask

What is the main point for New York readers?

In a year and a half, officials issued $60,000 in penalties against people violating the FARE Act. So-called “management fees.” Listed apartments already rented. Off-market exclusives dangled like bait. These are among what some apartment-seekers saw as they searched for rentals in the wake of the 2025 FARE Act, which in almost all cases bans.

What should readers check next?

Readers should compare the media report with official records, agency pages, public statements, court records, or follow-up reporting when available.

Does this prove wrongdoing?

No. BigNY treats criticism and concerns as questions unless they are supported by named sources, official records, lawsuits, audits, court filings, investigations, or direct public statements.

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