NJ Condo Developers Can't Flip $4.8M Blocked-View Ruling

Law360, New York (March 10, 2014, 3:57 PM EDT) -- A New Jersey appellate panel on Monday upheld a $4.8 million award to a group of Jersey City, N.J., condominium owners who were sold on panoramic views that were later obstructed by a new building the developers failed to disclose to the buyers.

A three-judge panel on the Superior Court of New Jersey’s Appellate Division sided with the plaintiffs, 16 owners of condos in Jersey City’s Shore South, who said the building’s developers — Shore Club South Urban Renewal LLC, LeFrak Organization Inc. and Newport Associates...
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