The Real Deal New York

Posts Tagged ‘anglesy business’

  • The Brompton, the luxury Upper East Side condominium from Related
    Companies, is facing litigation from the buyer of four penthouse
    apartments, alleging that the developer misrepresented certain building
    amenities and also failed to allow independent inspections of the
    property. The lawsuit, filed June 4 in New York State Supreme Court, demands that
    Related return more than $5 million in deposits for the four
    apartments, which have a combined value of $25.7 million. The suit names two defendants, Related and 86th LLC, which controls the
    Brompton, and the law firm of Michael, Levitt & Rubenstein, which
    holds the deposits in escrow. Joanna Rose, a spokesperson for Related, said: “Two
    judges have already denied a temporary restraining order for similar
    claims and we have no reason to believe that this instance
    will be any different.” [more]