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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 […]



The Real Deal: Marc Held Quoted About Foreclosure Suit

“While it is not a surprise that the court has granted Anglo Irish Bank’s motion to foreclose the sponsor’s interest in the property, the unit owners of 225 Rector hope that the bank and any future owners of the sponsor’s units will consider and respect [the unit owners] interests and legal rights as we move forward,” said Marc Held, attorney for the unit owners.


Crain’s: Marc Held, Partner, Held & Hines, LLP Quoted Re: Yair Levy

Court approves foreclosure of Yair Levy building Creditors of developer’s Park Columbus condominium conversion project will be permitted to proceed against him. By Amanda Fung January 14, 2010 2:47 PM Beleaguered developer Yair Levy suffered another setback Wednesday when a court issued a ruling allowing the lender on Mr. Levy’s Park Columbus property on West 87th Street to move forward with its foreclosure proceedings on the 95-unit condo conversion, according to filings. The U.S. Bankruptcy Court of the Southern District […]




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