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Council Member Chi Ossé speaks in support of the FARE Act (Intro 360-A)

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      Council Member Chi Ossé delivers remarks in support of Intro 360-A, known as the FARE Act, which aims to reform broker fees in rental transactions. He emphasizes the bill's importance in addressing the housing crisis and bringing fairness to apartment rental expenses.

      • The FARE Act requires that whoever hires a broker in a rental transaction pays the broker fee, whether it's the landlord or tenant.
      • Ossé highlights the negative impacts of forced broker fees on families, workers, and potential residents of New York City.
      • He thanks various individuals and groups involved in creating and supporting the legislation, including Speaker Adams, advocacy groups, and his staff.