Extell Development and Carlyle Realty Partners must pay $5.8 million to 40 former buyers in their Rushmore condominium for the interest on funds that the purchasers had in escrow, a state court judge has ruled.
The decision Wednesday by New York State Supreme Court Justice Anil Singh is another blow to Extell and Carlyle in a three-year dispute with the group over the escrow funds. [more]














