Sales change at Cipriani Club costs developer

Developer Steven Witkoff reportedly paid $500,000 to break his sales and marketing contract with the Corcoran Sunshine Group for the Cipriani Club Residences at 55 Wall Street. On Feb. 1, Corcoran Sunshine’s agents were escorted from the building and replaced with marketing and sales people from Prudential Douglas Elliman — but not before Witkoff paid up. more [NYT]