Seller’s remorse: Bed-Stuy family claims they were duped into selling home at far below its value

Dairus Griffiths says real estate speculators tricked him into selling the house

TRD New York /
Jun.June 24, 2019 10:16 AM
Bedford-Stuyvesant homes (Credit: Wikipedia)

Bedford-Stuyvesant homes (Credit: Wikipedia)

A Bedford-Stuyvesant family is fighting back against a deal that could cost them their home of 30 years.

Homeowner Dairus Griffiths says he was tricked into selling his house on Halsey Street by real estate speculators, and he has been fighting to hold onto it for almost five years, according to the Daily News.

Griffiths fell behind on his mortgage payments and told the News that Eli Mashieh of August West Development approached him on the street in 2014 to persuade him to sell the property, which he did. Court documents show that he signed a contract to sell it for $630,000, although the city’s Finance Department values the property at about $1.5 million.

Griffiths later went back to Mashieh to tell him the deal was off, but he responded that Griffiths had signed the contract and was going to sell.

The matter went to court in November 2014, and a judge ruled against Griffiths for failing to respond to the case. Griffiths is now trying to reverse the court’s decision, but his family is struggling to afford the legal costs.

Convicted fraudster Raj Maddiwar is listed as Griffiths’ attorney on the contract, but his role in the deal is unclear. Griffiths has been inconsistent when it comes to describing Maddiwar’s involvement.

Doris Briggs, Griffiths’ daughter, told the News she was concerned they would soon be evicted.

“Where are we supposed to go?” she said. [NYDN] — Eddie Small


Related Articles

arrow_forward_ios
Planet Hollywood in Times Square and Vornado CEO Steven Roth (Photos via Getty; VNO)

Vornado sues Planet Hollywood for $6M in missed rent

Vornado sues Planet Hollywood for $6M in missed rent
Redfin CEO Glenn Kelman (Photos via Redfin; Getty)

Redfin accused of redlining in lawsuit

Redfin accused of redlining in lawsuit
Red Apple Group’s John Catsimatidis and Muss Development’s Jason Muss (Getty; iStock)

Four Brooklyn landlords accused of illegally inflating rents

Four Brooklyn landlords accused of illegally inflating rents
Cohen Brothers' Charles Cohen and Stephen Fredericks (Getty; iStock; LinkedIn)

Cohen Brothers employees allege harassment, endangerment

Cohen Brothers employees allege harassment, endangerment
40 East 72nd Street and Spiros and Antonia Milonas  (Getty; Google Maps)

Under water: Shipping magnate’s troubled UES condo is bankrupt

Under water: Shipping magnate’s troubled UES condo is bankrupt
Gov. Andrew Cuomo and Mayor Bill de Blasio (iStock)

Manhattan theaters sue Cuomo, de Blasio over Covid restrictions

Manhattan theaters sue Cuomo, de Blasio over Covid restrictions
100 East 53rd Street,  Vanke US managing director Kai-yan Lee, and RFR's Aby Rosen (Photos via Structure Tone and Getty)

Aby Rosen accuses Chinese partner of “power grab” after condo loan default

Aby Rosen accuses Chinese partner of “power grab” after condo loan default
Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
arrow_forward_ios

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

Loading...