Bizzi Gets Green Light For $230M Manhattan Condo Sale

Law360, New York (May 28, 2013, 5:02 PM EDT) -- A New York state judge on Friday refused to rule in Bizzi & Partners Development LLC's favor on two summary judgment motions tied to its battle to keep funds from a failed Manhattan hotel and condo deal, but kept the path clear for Bizzi's upcoming $230 million sale of the property.

Judge Eileen Bransten denied Bizzi affiliate 400 Fifth LLC's bids to keep at least $5 million of a down payment for the 60-story project and to have its litigation costs covered in light of certain...
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