The New York City Transit Authority has filed a lawsuit against Westfield Corp. to prevent it from terminating its operations at the lower Manhattan commuter hub Fulton Center less than halfway into its 20-year lease. Fulton Center currently has 68 retail tenants....
The chain of copycat lawsuits over real estate broker commissions has expanded to Utah, which has become the 13th state where the National Association of Realtors (NAR) and leading brokerages are being sued over how brokers are paid. On Feb. 9, Dalton K. Jensen filed...
Keller Williams announced it has agreed to a $70 million settlement in the Sitzer/Burnett lawsuit that challenged the commission structure of real estate professionals. Company founder and Executive Chairman Gary Keller announced the settlement in an internal email,...
Another cockamamie broker commission lawsuit, an accounting giant exiting its namesake building and Alec Baldwin’s unlikely home selling strategy. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Jan. 15-19. Miss:...
Another lawsuit aimed at how real estate professionals earn their commissions was filed this week in Los Angeles. The new case was filed on Wednesday in U.S. District Court in Los Angeles by Gael Fierro and Patrick Thurber, two home sellers who named the National...