Vornado Hit With $18M Suit Over Harlem Office Project

Law360, New York (June 21, 2013, 2:43 PM EDT) -- A property consultant with interests in a failed Manhattan office project recently lobbed an $18.2 million suit at Vornado Realty Trust in New York state court, alleging the trust wrongfully blocked the Harlem project and is now denying it compensation from the property's sale.

Integrated Urban Holdings LLC and managing member Derek Q. Johnson filed the suit on June 17, alleging that Vornado intentionally blighted the 1800 Park Avenue property to force minority members to sell their stake in the property in a deal that was...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.