Lawsuit challenges Manhattan powerbrokers

Real estate services company owner alleges unfair competition

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Editor’s note: See tomorrow’s story on the background of LaLa Wang, the New York real estate figure behind the lawsuit described in this story.

The Real Estate Board of New York has been around for more than a century. The board is self-described as “the oldest and most influential real estate trade association in New York City.” Among its hundreds of brokerage members are such heavy-hitters as Douglas Elliman, The Corcoran Group, Citi Habitats, The William B.