FARE Act Fails, Zoning Stalls Housing

The FARE Act, designed to protect renters from illegal broker fees, is barely working—with only 20 out of 2,000 complaints resulting in reimbursements. Meanwhile, a co-op in the East Village struggles to develop a parking lot due to restrictive zoning, threatening hundreds of potential apartments. Despite city claims of progress, transparency remains lacking. Amidst these hurdles, luxury real estate continues to thrive—with a $16.5M townhouse sale and a 99-unit project approved in Pelham Bay. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2f7e6afc67c764c3