Carlyle, Extell Lose Bid To Quash $16M Condo Refund Order

Law360, New York (December 11, 2012, 6:16 PM EST) -- A New York appeals court on Tuesday rejected a motion by attorneys for a joint venture between Carlyle Realty Partners and Extell Development Co. to reverse an affirmation of an order that they return $16 million in down payments for the Rushmore condominium building in Manhattan.

Carlyle and Extell had argued that Judge Anil C. Singh improperly rejected a request to vacate then-Attorney General Andrew Cuomo's 2010 refund order by refusing to consider additional evidence from a third party showing that the decision had been the...
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