The Real Deal New York

Posts Tagged ‘africa israel group’

  • Leviev under fire by investors at Apthorp

    September 25, 2009 05:04PM
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    Lev Leviev, the Apthorp

    Israeli billionaire Lev Leviev’s Africa Israel Group is feeling the heat at the controversial Apthorp on the Upper West Side, as rival investors in the project are raising questions about the business plan and what they say is a lack of transparency at the troubled project. Angry investors claim that Africa Israel Group and managing agent the Feil Organization have refused repeated requests for information about sales activity and other relevant data, but made a recent capital call for $2.1 million to fund an interest shortfall.

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