Honua Loses Bid To Block Bizzi's $230M NYC Condo Sale

Law360, New York (December 10, 2012, 6:07 PM EST) -- A New York judge on Monday refused to block the $230 million sale of a 60-story hotel and condo in midtown Manhattan despite attempts by Honua Fifth Avenue LLC — which backed out of a purchase years ago — to stop the deal.

Judge Eileen Bransten said during a hearing that Honua which backed out of buying the 400 Fifth Ave. building in 2010, can't amend its complaint against the building's seller, affiliates of Bizzi & Partners Development LLC, in order to take procedural steps to...
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