Judge Awards $4.68M Down Payment To Mark Hotel Sponsor

Law360, New York (September 21, 2012, 1:38 PM EDT) -- A New York federal judge on Thursday awarded the sponsor company for the beleaguered Mark Hotel apartment complex a down payment of $4.68 million by a prospective tenant who backed out of the deal and ordered her to pay defense attorneys' fees of $475,000.

Judge William H. Pauley III dismissed the suit brought by Roberta Campbell, who put a down payment on a $18.75 million luxury apartment at the mixed-used hotel and apartment complex in Manhattan. Campbell backed out of the deal in May 2009 and...
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