Rosen, Fuchs feuding with business partner

From left: Aby Rosen and Michael Fuchs

Aby Rosen and Michael Fuchs, managing partners of RFR Holding, are feuding with their longtime business partner over their struggling real estate assets. According to the Post, Rosen and Fuchs sued partner Harry Lis in February for his refusal to inject capital into several properties that became distressed after the Lehman Brothers collapse, despite reaping the benefits of deals, like their $28.9 million sale of 451 Lexington Avenue last fall. According to the lawsuit, the trio had agreed that when one property within their portfolio made money, those profits would go toward propping up other properties in need of cash. Meanwhile, Lis’ wife, Melissa, said her husband is planning a lawsuit of his own. “Aby really needs to stop,” she said, adding that it was Lis’ capital that brought Rosen and Fuchs success in New York real estate in the first place. [Post]