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Real New York sues Compass agents for breach of contract
The brokerage is seeking $900,000 from its former agents; Compass is not named as a defendant
New York /
Two Compass agents are in hot water with their former brokerage.
Real New York is suing former agents Lyndsey Casagrande and Kenny Fung, alleging breach of contract and misappropriation of its confidential information, according to the complaint filed last week in a New York court.
The firm accuses its former agents of continuing to use leads and confidential information from its company files and data as they do business at Compass and soliciting Real New York’s clients to move with them.
REAL New York Launches Monthly Landlord Forum
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NEW YORK, April 1, 2021 /PRNewswire/ March 2020 was a gut-wrenching moment for the real estate industry. The city had just gone into lockdown and the long-term effects of the pandemic on sales & rentals were yet to be determined. Would New York City become a ghost town? Was this the end of the open house? And, moving forward, how would real estate agents, developers, and tenants be able to forge that indispensable connection so necessary to daily operations if in-person meetings were no longer an option?
REAL New York Reports Continued Business Growth
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NEW YORK, Feb. 16, 2021 /PRNewswire/ For the third year in a row, REAL New York reports an increase in annual deals and significant workforce expansion. Despite initial uncertainty in early 2020 over how the pandemic would impact the real estate market, REAL New York ultimately executed 25% more rental deals in 2020 than in 2019. In addition, REAL New York rental agents experienced a 350% volume increase in deals in December 2020 as compared to the previous December. At the same time, REAL New York s inventory of exclusive listings grew by a total of 45% over the course of the year.
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