Judge refunds $1M deposit to Rushmore buyer
In the last major court battle of a multi-year escrow dispute at the Rushmore condominium, a State Supreme Court judge ruled in favor of a Wall Street executive who sued to rescind her $6.9...
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Rushmore’s escrow agent stops payment on $15M sent to buyers
Lawyers for 40 buyers at the Rushmore condominium were awarded an injunction against the developers, after Stroock & Stroock...
Extell found liable for noisy courtyard at the Rushmore, handing win to condo owner
It’s been a rough few months for Extell Development. The success of sales at its luxury tower One57 was...
At Rushmore, imposter gains access to escrow accounts information
After years of waging a legal fight over $16 million in escrow funds, buyers at The Rushmore Condominium On...
In Rushmore dispute, Extell, Carlyle ordered to post an additional $5 million bond
A State Supreme Court judge ordered Extell Development and Carlyle Realty Partners to post an additional $5 million on...
In Manhattan, listing prices of new development units rise 10 percent
The median listing price for new development apartments in Manhattan is up 10 percent year-over-year to $1.486 million in...
Developers appeal Rushmore refund order
Lawyers for Extell Development and Carlyle Realty Partners yesterday appealed a state Supreme Court order to refund $16 million in escrow funds to buyers at the Rushmore condominium on Manhattan’s Upper West Side. Justice...
Along with jobs and compensation, Wall Street’s residential clout also decreases
Wall Street professionals are accounting for less business in the residential sales and rental markets, as banks slash pay...
A-Rod catches substantial profit from Rushmore flip
Yankees slugger Alex Rodriguez has sold his Rushmore condominium for a significant profit just 10 months after buying it...
Kondylis grads opt for smaller projects
Goldstein Hill & West Architects, the architecture firm founded by Alan Goldstein, L. Stephen Hill and David West, former partners in Costas Kondylis’ firm, are beginning to forge an identity independent of the Kondylis...