NJ brokerage sues JHSF over commission on 57th Street buy

New Jersey brokerage Endeavor Global Group Realty is among the plaintiffs suing the Brazilian investors who bought a Midtown development site from Extell Development for $95 million last year, claiming its owed $5.7 million in commission fees. Endeavor principal Rick Arroyo alleges that JHSF Participacoes – a Brazilian development firm that acquired the vacant 24,000-square-foot building at 16 West 57th Street last year – never paid his firm its agreed commission related to the deal. … Continue reading NJ brokerage sues JHSF over commission on 57th Street buy