Property Owner Sues Firm Over Condo In Famed NYC Building

Law360, New York (August 15, 2012, 7:44 PM EDT) -- A property owner launched a breach of contract suit against Rheem Bell & Mermelstein LLP on Wednesday in New York state court, seeking to compel the release from escrow of the assignment of interest in a condominium in one of New York City's most luxurious apartment buildings.

Daylight Properties Inc. sued boutique real estate law firm Rheem Bell, which had served as its escrow agent, to compel the release of an assignment of interest in P&N Holding 27C LLC. According to the suit, the assignment was...
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