See if you can catch this contradiction: A City Reporter article on June 8 said the FARE Act in its first year “created a flood of complaints about landlords not following the rules — and generated more than $15,000 in fees paid back to tenants so far.” Perhaps this alternative lede will make it clear: The FARE Act in its first year generated more than 2,000 complaints about illegal broker fees, but virtually no money was returned to renters. The $15,500 reimbursed breaks down to about $7 per complaint. That doesn’t even buy two slices of pizza. Yet Sam Levine, […]
This article originally appeared on The Real Deal. Click here to read the full story.