Samuel J. Plumeri Realty Co. v. Capital Place Urban Renewal Associates, Inc.

The opinion of the Court was delivered by

POLLOCK, J.

This case arises out of an agreement by a developer to pay a commission to a real estate broker for procuring a lease with the State of New Jersey (the State) for a new office building. The narrow question is whether the agreement violates N.J.S.A. 52:34-15, which proscribes retaining persons on a commission basis “except bona fide employees or bona fide established commercial or selling agencies maintained by the contractor for the purpose of securing business * * The jury found, in answer to a specific interrogatory, that the broker had…