Manhattan-based Klickads Inc., doing business as BrokersNYC, is suing the Real Estate Board of New York on antitrust allegations. The suit alleges defendants engaged in illegal tying and monopolization of the market for exclusive property listings in Manhattan.

The complaint, filed in the Southern District Court of New York, names the Real Estate Board of New York and its board members, among other defendants.

The Real Estate Board of New York is a real estate trade association representing commercial and residential property owners, builders, brokers and managers, banks, architects and other institutions interested in New York City real estate. REBNY provides a channel for New Yorkers to find real estate brokers.

Steven Spinola, president of REBNY said the lawsuit is “frivolous and without merit.”

“The REBNY Listing Service is designed to help make it easier for New Yorkers to find a place to live by tapping into REBNY’s pool of professional, experienced and highly qualified brokers,” he said. 

BrokersNYC is an Internet-enabled marketing and multiple listing service serving New York.

The suit alleges REBNY limits BrokersNYC’s ability to provide competitive services to consumers, by restricting the company’s ability to access REBNY member exclusive listings information and by restricting the distribution of this information to its own REBNY members.

BrokersNYC CEO LaLa Wang claims that defendants “assert their influence to impede the development of new kinds of products and services so they can keep costs high.”

The complaint was filed in federal court Wednesday.


Send tips or a Letter to the Editor to or call (510) 658-9252, ext. 133.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription