Statement by Real Estate Board of New York President James Whelan on Broker Commission Litigation

“Today, the New York State Attorney General’s Office, along with attorneys for REBNY, a number of our members, and the New York State Association of Realtors (NYSAR), agreed to an adjournment in the lawsuit filed last month in Albany County Supreme Court. The Attorney General’s Office submitted a letter requesting an extension of the dates in the litigation. Attorneys for the government and the industry recognize the complexity of the issues raised in the matter and agree that additional time is necessary for preparation of court documents.” 

- James Whelan, President, The Real Estate Board of New York