Carlyle, Extell Appeal Order For $16M In Condo Refunds

Law360, New York (February 16, 2012, 2:42 PM EST) -- Attorneys for a joint venture between Carlyle Realty Partners and Extell Development have appealed a New York state court order for them to return $16 million in down payments for the Rushmore condominium in Manhattan, according to court documents made public Thursday.

The developers argue that Judge. Anil C. Singh erred in refusing to vacate then-Attorney General Cuomo's 2010 refund order in a Jan. 25 decision because Cuomo failed to consider evidence that a third party — outside counsel and escrow agent Stroock & Stroock &...
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