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New York Times: Marc Held, Partner, Held & Hines, LLP quoted about AG’s lawsuit to ban Yair Levy, the Condo King, from Selling Real Estate in NYS

The attorney general also is trying to bar Mr. Levy from ever selling condos in New York State again. “This is huge,” said Marc Held, a lawyer involved in a $100 million lawsuit representing condo buyers affected by the conditions in the building and the money taken out of the reserve fund. “It’s a pretty severe penalty, absent being put behind bars.”



Law.com: Held & Hines, LLP’s Case Referenced

Condo Developers Take On N.Y. Attorney General Over Stroock’s Alleged $16 Million Typo Zach Lowe The American Lawyer May 12, 2010 Stroock & Stroock & Lavan is in a curious position in a dispute between buyers and developers of a 41-story condo project along the Hudson River in Manhattan. Condo buyers who have about $16 million in a Stroock-controlled escrow account want that money returned and claim a one-digit typo in the condo offering documents authored by an attorney at […]


Above the Law: Held & Hines, LLP Case in Above the Law

Stroock Strikes Back? The Firm’s Client Sues Andrew Cuomo in Federal Court By David Lat We’ve previously covered a sticky situation involving an alleged drafting error by real estate lawyers at Stroock & Stroock & Lavan. The dispute pits the buyers of luxury condos at the Rushmore, on Manhattan’s Upper West Side, against the development company Extell, Stroock’s client. (Our prior coverage appears here, here, and here.) When we last checked in, the New York Attorney General, Andrew Cuomo, had […]



The Real Deal: Marc Held, Partner, Held & Hines, LLP quoted Re: Federal Appeal by Extell

Attorney Marc Held, who represents JPMorgan Chase executive and Rushmore buyer Kelly Coffey, who filed suit against the developers in state court, said the suit is an attempt to drag the case out further.

“It remains troubling that Extell remains in denial of the terms of the offering plan and purchase agreement which they unilaterally drafted,” Held said in an e-mailed statement. “The federal appeal is a further attempt by the sponsor to delay and frustrate the legal process.”


The Real Deal: Marc Held, Partner, Held & Hines, LLP Quoted Re: $100 mil typo case

“The attorney general’s office determination today proves that my client should have been granted from the onset a right of rescission and return of her money,” said attorney Marc Held, whose client, JPMorgan Chase executive Kelly Coffey filed suit in October 2009 to get a refund of her $1.1 million Rushmore deposit. “The decision also proves that the actions by the defendants are fraudulent and without merit.”



The Real Deal: Marc Held, Partner, Held & Hines, LLP Quoted about HUD Investigation

HUD probes Extell over Rushmore complaints February 04, 2010 06:00PM By David Jones From left: Attorney General Andrew Cuomo, Secretary of Housing and Urban Development Shaun Donovan and the Rushmore The U.S. Department of Housing and Urban Development has launched an investigation into the Rushmore condominium, amid allegations that the lawyers for the developer, Extell Development, held previously undisclosed meetings with state Attorney General Andrew Cuomo’s office to prevent existing buyers from backing out of their apartment contracts. HUD officials […]



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