A pair of NYC Real Estate Titans cheated on a customer to buy a $ 80 million Park Avenue’s Penthouse with a stunning view of the Park Central Park before breaking the news that a high rise in the neighboring will, according to a litigation.
Arthur and William Lie Zeckendorf performs “a cheeky trick” for the buyer of five bedrooms, with 6.5 half duplex bathroom in 520 Park Ave, the unidentified buyer said in a Supreme Court of Manhattan who seeks to undo the November deal.
The upper house 8.300 square meters, completed with solarium, private elevator, balcony and a fireplace, is billed to have “panoramic views blinded by all four exposures”, according to a real estate list.
Good heels of the Avenue Park building, including former UFC billionaire Frank Fertitta, who bought one of the four duplicates of the building’s roof in 2017; James Dyson, the founder of the billionaire of the company Dyson Appliance; And Bob Diamond, former Barclays.
The full view of the Big Apple’s green iconic space is Duplex’s “Definition feature”, the buyer, identified only as Park Ave. Condo LLC, said in the legal appearance.
But a 37-storey skyscraper with 62 units planned by Extell Development and Solil Management in some many combined in the next door “is everything, but sure to disrupt the appearance of the Penthouse Central Park,” according to the lawsuit. It is unclear when the new building is expected to be completed.
Zeckendorfs learned about the new building “given their status as part of a small internal circle of New York City real estate,” and realized “that if the public ever caught the smell of Extell-Solil, the Penthouse would never see it.
Zeckendorf’s 62-storey “Crown Jewelery” begins as a Trixlex for which the pair hoped to sell for over $ 100 million, breaking a then record of the city.
But the $ 100 million landmark was achieved by a different development in 2017, and Triplex sat down for years, forcing the party to change their approach, the buyer said in court documents.
They divided Triplex into two apartments, but still could not easily download the duplex, according to court documents.
The current buyer expressed interest in the fall in the fall. But Zeckendorfs failed to warn the buyers of “the specific risk, existing that the Penthouse Penthouse Central Park windows would be unclear,” the buyer said.
On the contrary, the building’s bid plan only mentioned that the appearance was a convenience “that could potentially be lost” in the next construction, according to the lawsuit.
In addition to asking the court to allow them to dive into the pentouse, the unidentified buyer is seeing unspecified damage.
Judicial proceedings are “a shameless attack to renegotiate a binding agreement,” said Zeckendorf terrace and darren.
“We are sure that the court will easily see this for what it is – a transparent case of masking the buyer’s repentance as a complaint – and easily cease it.”
Zeckendorfs are famous for developments such as 15 Central Park West, nicknamed “Lime Jesus”. The current and past residents of the Condo tower include Goldman Sachs Lloyd Blankfein, Robert De Niro, Denzel Washington and Alex Rodriguez.
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Image Source : nypost.com