The developer of 22 Renwick is refuting buyers’ claims that the first closing in the building was a sham. “We’re not doing anything tricky here,” said Andrew Bradfield, a principal at Orange Management and the developer of Renwick along with Helix Partners. Buyers in the building have filed applications with the attorney general to get their money back, saying they’re entitled to a right of rescission because of delays at the site. Bradfield says their applications have no legal merit and some buyers are merely looking for steep discounts from the originally agreed-upon sales prices. “They’re treating it like they can close at that price [only] if they feel like it,” he said. “That is not the idea of a contract.” [more]
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TWEETS
- This week, @DouglasElliman dominates @trdny's "Top Residential Agents" list, scoring three of the top five spots. http://t.co/WuwFfoQI 10:26:54 PM May 25, 2012
- Here's some #NYC residential sales data before you head off to the #Hamptons via @trdny http://t.co/41pt08N4 08:54:27 PM May 25, 2012
- Marcia Gay Harden gets $2.8M for #Harlem townhouse listed by@cathytaub of @StriblingNYC http://t.co/pR718yY4 via @trdny 08:47:36 PM May 25, 2012
- Boymelgreen, Africa Israel settle with @AGSchneiderman over 20 Pine St. construction, but face new $20M suit http://t.co/wYyqrfBP via @trdny 08:16:42 PM May 25, 2012

