REBNY sues the City of New York to stop FARE Act enforcement

Three days after New York City’s Fairness in Apartment Rental Expenses (FARE) Act became law without the signature of Mayor Eric Adams, the Real Estate Board of New York (REBNY) has filed a lawsuit to stop the bill’s enforcement in June 2025. The New York State Association of Realtors, Bohemia Real Estate Group, Bond New York Real Estate Corp, REAL New York, Level Group, Four Corners Realty, 21 West 74 Corp, and the 8 West 119th Street housing development fund corporations have joined the lawsuit as co-plaintiffs, according to court documents.