Gary Barnett sues real estate heir who is partial owner of 734 Broadway

Extell Development president Gary Barnett accuses an heir to a modest
Noho and Brooklyn real estate portfolio of breach of contract, unjust
enrichment and other charges and is seeking $790,000 in a lawsuit filed
this month. The filing by the developer of such luxury projects such as the
Rushmore at 80 Riverside Boulevard and 995 Fifth Avenue at 81st Street,
charges that Mordechai Muschel, who was a member of a partnership that
borrowed $5 million from another of Barnett’s companies, Intell
Management and Investment, now owes the developer at least $790,000,
but the two-paragraph filing does not explain why. The brief suit filed June 12 in New York State Supreme Court, known as
a summons with notice, lists Barnett alone as plaintiff, and Muschel as
the sole defendant. [more]