$200M UN Plaza Deal Suit Belongs In Arbitration, Court Hears

Law360, New York (February 28, 2014, 5:25 PM EST) -- Real estate investor Jacob Frydman and United Realty Partners LLC urged a New York state court Thursday to reject a bid by would-be investors in 866 United Nations Plaza to avoid arbitration and reargue a suit challenging fund transfers connected to the building’s $200 million sale.

Frydman, Winter 866 UN LLC and United Realty make up one-half of the management of the investor group set up to help raise funds for the purchase of the building on behalf of United Realty. The trio had been hit...
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.