Phew!: Millionaires’ feud over 1 foot of property on UES is over

Judge rules Ravi and Suzanne Yadav can proceed with fence plans

New York /
Feb.February 08, 2016 03:30 PM

It may have not reached Hatfield and McCoy proportions, but the feud between millionaires over one foot of property on the Upper East Side is over — at least for now.

A Manhattan judge said Ravi Yadav, a Soros Fund Management Fund partner, and his wife Suzanne can go forward with their plans for a fence at their townhouse at 63 East 92nd Street.

The Yadavs paid $8.1 million for their home in 2012 and right away began renovating the 3,535-square-foot property. Their neighbor, Philippe Delouvrier, who had been using an iron fence to enclose a small proportion of his 92nd property for 20 years, objected to the Yadavs’ chosen material and took them to court in March 2015, the New York Post reported.

Delouvrier claimed “squatter’s rights,” but Judge Nancy Bannon ruled last week “no facts are pled to support such allegations.”

The deed shows Delouvrier’s fence encroached on the Yadavs’ property by 12 inches, the Post reported.

The Yadavs’ attorney, Adam Leitman Bailey, told the Post his clients “are extremely happy that the judge got it right and have no ill will towards their adversary. They’re looking forward to moving on with their lives as good neighbors.”

Delouvrier’s lawyer John Simoni said his client plans on appealing. [NYP]Dusica Sue Malesevic


Related Articles

arrow_forward_ios
Jeff Zucker, Michael Steinhardt and 32 East 64th Street. (Getty, Google Maps, Warburg Realty)
CNN’s Jeff Zucker sells UES pad to hedge funder for $15M
CNN’s Jeff Zucker sells UES pad to hedge funder for $15M
Philip Falcone with his wife Lisa Marie Falcone and their Manhattan home. (Getty, Christie's Real Estate)
Hedge funder Philip Falcone may lose UES, Hamptons homes
Hedge funder Philip Falcone may lose UES, Hamptons homes
(iStock/Illustration by Kevin Rebong for The Real Deal)
These NYC neighborhoods lost housing in the past decade
These NYC neighborhoods lost housing in the past decade
991 5th Avenue (Photos via Gryffindor/Wikipedia Commons and the American Irish Historical Society)
Historic UES mansion hits market for $52M
Historic UES mansion hits market for $52M
1529 62nd St, Brooklyn, NY (Google Maps)
Mid-market i-sales top $100M for third straight week
Mid-market i-sales top $100M for third straight week
Sharon Davis and 9 East 81 Street (Google Maps, iStock)
UES townhouse trades 40% below latest appraisal
UES townhouse trades 40% below latest appraisal
Randy Mastro and 21 East 83rd Street (Photos via Getty; Google Maps)
Former deputy mayor Randy Mastro, lawyer in Lucerne controversy, lists UES home
Former deputy mayor Randy Mastro, lawyer in Lucerne controversy, lists UES home
Ziel Feldman with 150, 152 and 154 East 79th Street, and 1131 and 1135 Lexington Avenue (Getty, Google Maps)
HFZ, Ziel Feldman sued for default on Upper East Side loan
HFZ, Ziel Feldman sued for default on Upper East Side loan
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...