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The Real Deal: Marc Held, Partner, Held & Hines, LLP Quoted Re: Douglas Elliman Bad Broker

REBNY to hear appeal of Beame commission case tomorrow August 24, 2009 06:30PM By David Jones   Left to right: Manhattan Residential’s Shai Shustik, Elliman’s Stanley Ginsberg, 140 Thompson Street, former New York City Mayor Abraham Beame The Real Estate Board of New York is scheduled to hear an appeal tomorrow in a long-running commission dispute between Manhattan Residential and Prudential Douglas Elliman. In April, a three-member arbitration panel dismissed a REBNY complaint by Manhattan residential broker Shai Shustik, who […]


The Real Deal: Marc Held, Partner, Held & Hines, LLP Quoted Re: Michael Shvo (7/1/09)

In December, before Rector Square’s financial difficulties were made public, Shvo “mysteriously disappeared” from the Battery Park City condo conversion, closing his sales office at the building with a sign that said it would reopen after the holidays, according to Marc Held, a partner….. who represents a number of condo owners at Rector Square.

“He put up signs saying he’d be back after Christmas,” Held said. “He was never seen again, nor was anyone from his company ever seen again. He just disappeared.”





Irish Times: Held & Hines, LLP Real Estate Condominium Case Against Condo King Covered by Media

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 […]


The Real Deal- Held & Hines’ Lawsuit vs. Platinum Condominium Covered by the Media

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 […]




DownTown Express: Marc Held, Partner, Held & Hines LLP, Quoted Re: Condo Disaster

Volume 21, Number 42 | The Newspaper of Lower Manhattan | Feb. 29 – March 6, 2008 Damage in 225 Rector Place’s lobby. Lawyer with tenant sympathies takes over at 225 Rector Pl. By Julie Shapiro The beleaguered residents of 225 Rector Pl. have some reassuring news at last: On Tuesday night, the judge handling the case of their building’s foreclosure appointed a receiver to take control. The receiver, estates attorney Michael Miller, does not have an easy road ahead. […]


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