Aidala Bertuna & Kamins PC reposted this
Gotham Government Relations Founder & President, and seasoned trial attorney and Aidala Bertuna & Kamins PC Partner, David Schwartz quoted in the New York Post 'NYC real estate industry squaring up to battle new law protecting tenants from broker fees By Nicole Rosenthal Dec. 18, 2024 If it ain’t broker, don’t fix it. A cohort of Big Apple real estate brokers are suing the city over a new law that shifts the burden of costly broker fees away from tenants – and the case could prevent the legislation from taking effect this summer as planned. While it is slated to take effect next July – 180 days after City Council approval – the Manhattan federal court lawsuit could halt the law until further notice, experts said. “Although the [real estate] industry has a high burden in court … they [brokers] have a shot because the merits are on the side of the industry,” New York City trial attorney and lobbyist David Schwartz told The Post, adding that a judge could potentially block the law from taking effect. “The law is another attempt by our local government to micro-manage the freedom of parties to enter into a contract and this law violates the contracts clause and the first amendment of the US Constitution, and also is pre-empted by state law,” Schwartz added. FULL ARTICLE: https://lnkd.in/dXPZkVVr #Gotham #GothamGR #GothamGovt #lobbying #advocacy #legal #law #lawyer #NY #NYC #newyork #lawbehindthescenes #trial #court #litigation #lobbyist #politics
