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
The Papaya King at 179 East 86th Street (Google Maps)

Papaya King vs. the pretender: Iconic hot dog chain in ownership dispute

Papaya King vs. the pretender: Iconic hot dog chain in ownership dispute
2 Pierrepont Street in Brooklyn and Vincent Viola (Google Maps, Getty)

Ex-Trump nominee broke rent stabilization laws at his Brooklyn Heights building: lawsuit

Ex-Trump nominee broke rent stabilization laws at his Brooklyn Heights building: lawsuit
A group of Westchester County landlords is suing over Gov. Andrew Cuomo’s eviction moratorium. (Getty, iStock)

Landlord lawsuit: NY eviction ban violates our rights

Landlord lawsuit: NY eviction ban violates our rights
730 Park Avenue (Google Maps, Wikipedia)

British aristocrats sue to quit Park Ave purchase

British aristocrats sue to quit Park Ave purchase
16 Sutton Place (Credit: Google Maps)

Sutton Place co-op in turmoil over terrace fees

Sutton Place co-op in turmoil over terrace fees
(Credit: iStock)

Sibling rivalry: Alan Jemal calls Steven’s allegations “false and ridiculous”

Sibling rivalry: Alan Jemal calls Steven’s allegations “false and ridiculous”
SL Green CEO Marc Holliday and the Daily News Building  at 220 East 42nd Street (Google Maps; SL Green)

SL Green sues Chetrit over $35M deposit for scuttled Daily News deal

SL Green sues Chetrit over $35M deposit for scuttled Daily News deal
Greystar probed tenants’ “character,” “reputation,” “rental history,” lawsuit claims

Greystar probed tenants’ “character,” “reputation,” “rental history,” lawsuit claims

Greystar probed tenants’ “character,” “reputation,” “rental history,” lawsuit claims
arrow_forward_ios

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

Loading...