Two former baseball stars have filed a lawsuit against Kolinsky Hill Financial Group for drawing them into an allegedly fraudulent real estate investment, according to Sports Illustrated. Former Minneapolis Twins outfielder Rondell White and former Mets outfielder Cliff Floyd invested $1 million and $1.25 million, respectively, in a seven-acre property adjacent to the Hackensack River in New Jersey, along with four other major-leagers. But what Steven Kolinsky and Stephen Hill of the financial group had described as a “slam dunk” investment turned out to be a multi-million dollar real estate scam, White and Floyd allege. [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

