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Williamsburg Loft Auction Update: Don't Fuck With REBNY

The continuing saga of the intrepid entrepreneur who's auctioning off one year lease rights to an apparently overpriced Williamsburg loft... Turns out this might not be, you know, legal. A Curbed correspondent emails,

After doing a little research with REBNY this morning, it seems that pastryesq (the "seller" on Ebay) better check himself (herself) before they lose their license. Although the guidelines are a bit foggy, unless they are the owner of the property, they are treading on thin ice ethically and legally. REBNY does not fuck around. It was organized for a reason...To regulate good faith standards that, for many years, had been lost in the real estate industry (although it's STILL shady and SHITTY)....
· Paradise Found: Williamsburg Loft Rental on eBay [Curbed]
· Real Estate Board of New York [rebny.com]