Buyers of Dolly Lenz’s former L.I. mansion sue power broker for breach of contract

Suit, seeking small sum, also targets Corcoran
By Adam Pincus | June 27, 2012 02:00PM

An Upper East Side couple that purchased a seven-bedroom, $5.47-million Water Mill, L.I., mansion from superbroker Dolly Lenz and her husband, Aaron, in April, is suing the Lenzes, the Corcoran broker who negotiated the deal and the Corcoran Group.

Henry C.K. Liu and his wife Judy, accuse the Lenzes, Corcoran Senior Vice President Tim Davis and the Corcoran Group’s Southampton office, of breach of contract and negligent misrepresentation, in the lawsuit filed Monday in New York State Supreme Court.

The suit, a one-page document known as a summons does not mention the 6,459-square-foot Water Mill home or what the alleged problem is.

Henry and Judy Liu each declined to comment. Dolly Lenz and the Corcoran Group did not respond to calls seeking comment.

The couple is seeking a relatively small sum — $20,700 — however they state in the filing that, “The nature of this action is for declaratory judgment, breach of contract and negligent misrepresentation.”