Friday 7 February 2020

Real estate industry to sue NYS over rental commission ban

Faced with the prospect of losing millions of dollars in commissions, the real estate industry plans to sue state regulators to block a new policy that would end some tenant-paid rental fees. The Real Estate Board of New York and the New York Association of Realtors, in conjunction with several major New York residential brokerage firms, plan to file an Article 78 proceeding on Monday to stop enforcement of the guidance, sources told The Real



source https://therealdeal.com/2020/02/07/real-estate-industry-to-sue-nys-over-rental-commission-ban/

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