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lawsuit has been filed by the Real Estate Board of New York (REBNY) and its allies, seeking to block a new law that protects tenants from excessive broker fees. The law, which was passed by the City Council with veto-proof majority, prohibits brokers from passing their fees onto tenants when representing landlords' interests. It also requires landlords or their agents to disclose these fees in listings and rental agreements.

    The law aims to prevent tenants from being forced to pay broker fees on top of security deposits and first month's rent, making it difficult for them to afford a lease. However, REBNY argues that the legislation infringes upon constitutional guarantees of free speech and contract rights by restricting brokers' ability to post listings without explicit permission from landlords.

    The law automatically took effect after Mayor Eric Adams failed to sign or veto it within the required timeframe. The Department of Consumer and Worker Protection will be responsible for enforcing the bill, which includes education and outreach efforts. Any violations may result in civil penalties or actions.