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New York Times: Marc Held, Partner, Held & Hines, LLP quoted about AG’s lawsuit to ban Yair Levy, the Condo King, from Selling Real Estate in NYS

The attorney general also is trying to bar Mr. Levy from ever selling condos in New York State again. “This is huge,” said Marc Held, a lawyer involved in a $100 million lawsuit representing condo buyers affected by the conditions in the building and the money taken out of the reserve fund. “It’s a pretty severe penalty, absent being put behind bars.”


Wall Street Journal: 225 Rector Lawsuit

Condo owners at Rector Square filed a formal complaint with the attorney general’s office in February 2009, complaining of “appalling living conditions” and “suspicions that monies for the benefit of the unit owners remained unaccounted for,” Marc Held, attorney for a group of owners at the building, said in a statement.


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