[Marc] Held argues, in the motion, that any decisions about construction, building sales or other issues made by the receiver, Mark Miller, or the new managing agent, Related Cos., have a direct impact on the unit owners.
Anglo seeking to repossess $90m property from New York ‘condo king BARRY O’HALLORAN STATE-OWNED Anglo Irish Bank is seeking to repossess a $90 million (€71.6 million) New York apartment building from a developer dubbed the city’s “condo king”. The bank’s US subsidiary is going to the New York courts to take possession of 225 Rector Place from a company, YL Rector Street LLC, controlled by developer Yair Levy. YL borrowed $165 million from Anglo Irish to finance its plans for […]
SJP’s Platinum faces $1 million-plus lawsuit 04/07/2009 The Platinum (right) and its developer, Steven Pozycki, founder, chairman and CEO of SJP Properties SJP Properties is facing a breach of contract suit by a New Jersey family for allegedly misrepresenting the square footage of a $1 million apartment and overcharging real estate transfer taxes, both at the Platinum condominium near Times Square. Arkady and Marina Kiner, of South Amboy, N.J., and their son, Emil Kiner, who resides at 2 Gold Street […]