Brokerage seeks to reopen suit against NY Jets
Morris Plains brokerage Destiny Realty wants to reopen a lawsuit against the New York Jets, alleging the firm should have been allowed to offer real estate services to the team’s employees, the Star-Ledger reported.
Destiny has said that because the Jets lease their Florham Park training facility from a public entity, the New Jersey Sports and Exposition Authority, it is required to publicly advertise business contracts, including real estate services, and set aside 7 percent of them for minority-owned businesses like Destiny.
But when the firm filed suit in 2010, a judge dismissed it. Not only did Destiny fail to establish that the Jets offered such services to employees, according to the judge, but it also operated under the assumption that all responsiblities of a public entity must be shifted to a private business.
Now, Destiny believes it has evidence of the Jets offering such services. The Jets’ director of player development, David Szott, is a real estate broker who helped former Jet safety Kerry Rhodes land a Morristown condominium unit, and was set to also earn commission on a Chad Pennington real estate move, but that transaction fell through when the quarterback was traded. [NJ.com]