
The Real Estate Board of New York took a legal drubbing in its bid to bust the city’s apartment broker fee bill. A federal appeals court has quashed the board’s effort to revive key claims in its battle against the Fairness in Apartment Rental Expenses, or FARE, Act, Crain’s New York reported. The U.S. Court of Appeals for the Second Circuit affirmed a lower court’s dismissal of two claims that the FARE Act violates the First Amendment of the U.S. Constitution and is preempted by state law. The court also backed the lower court’s rejection of the board’s request to […]