The broker fee, long a bane of New York City renters, just got voted out. The New York City Council passed a bill Wednesday requiring landlords to pay fees for brokers they hire to list and show apartments.

The City Council approved a bill on Wednesday that would curb a loathed New York City real estate practice: making renters pay thousands of dollars in broker fees.

New York is one of two cities that requires renters to pay for these services; the other is Boston. Typically, such broker fees range from 10% to 15% of a tenant’s annual rent; in a city where the average monthly rent is currently $3,898 per month, renters often must pay several thousand dollars just to move.

As New York City ends the practice of landlords charging tenants for the broker fee, Boston remains one of the few cities left in the country where that's part of the deal.

New York renters would no longer be on the hook for costly broker fees when signing a new apartment lease, under a measure passed by the city council Wednesday.

The New York City Council passed a bill Wednesday to have NYC landlords pay for broker fees, instead of tenants.

There are many costs associated with living in an increasingly expensive New York City, but the broker fee might be the most detested one. Moving into an apartment in the city can easily cost more than $10,

The New York City Council passed, in a 42-8 vote, a bill that will put an end to forcing tenant-paid brokers fees, as the city looks for strategies to tackle the housing affordability crisis. Now, whoever hires the broker will have to pay their fees.