The Real Deal New York

In downturn, suits pile up

Tight credit markets make squabbles escalate faster

April 01, 2009
By Candace Taylor and Gabby Warshawer

In a downturn, it can seem like everyone sues everyone else. Squabbles between developers and lenders are escalating, leaving a growing number of dormant construction sites in the city. And suits between brokerages and developers are also adding up as developers are unable to pay for marketing. The Real Deal examines several legal battles:

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