Phase-two planning kicks off at $500M development in Hyde Park
A Long Island brokerage has hit the seller of a Mount Vernon apartment complex with a lawsuit claiming that it’s refusing to fork over a $260,000 brokerage fee, the Daily Voice Plus reported. Great Neck-based Mordel Real Estate Advisors filed its civil complaint against Oakwood Gardens Apartments seller Mt. V LLC, alleging that it negotiated the sale of the complex to Manhattan-based K&R Preservation. The limited liability company, however, never paid the 2 percent commission, according to Mordel’s lawsuit. Real estate lawyer Aaron Seligson of Seligson, Rothman & Rothman, who manages Mt. V LLC, did not respond to the outlet’s request for comment on the lawsuit, nor did associate Stewart Rothman, according to the Daily Voice. [DVP]