Morning Links: Lawsuits Over Slim Mansion Deal, Trump Soho
By The Real Estate Desk August 3, 2010 1:02 pm
reprintsBrown Harris Stevens is suing landlord Tamir Sapir for sidestepping the brokerage in the mammoth $44 million Carlos Slim mansion deal. (WSJ)
Fifteen buyers at the Trump Soho are suing the owners for inflating sales figures. From the lawyer: “They had a concerted and consistent pattern of lying about the numbers of units sold.” (NYT)
Disgruntled developers unable to sell apartments at high prices are taking out their anger on brokers. (NYT)
In one of Harlem’s mini-Stuy Towns, owners AREA and Vantage are anxiously trying to restructure. (WSJ)
The final holdout renter in Carnegie Hall readies for her departure. (AP via WSJ)
Inelastic subways? The M.T.A. thinks ridership will drop just 1 percent with its fare increase. (NYDN)
Joe Moinian wants a partner to build a hotel on West 54th. (NYP)
Another Aby Rosen loan to special servicing; new Michael Kors boutique; Planet Hollywood out of Times Square? (NYP)
