Tuesday, 21 May 2019

Samvir Sidhu sues over squashed contract to buy Yorkville property

An apparent affiliate of Samvir Sidhu’s Megalith Capital Management is suing the property owner of a Yorkville walk-up he’s trying to buy. Suncore Group SA, LLC — of which Sidhu is the principal — alleges in its complaint that the owner of 1660 First Avenue wrongly scrapped Suncore’s contract to acquire the four-story mixed-use building. Suncore, which had wanted an extension to close the deal that wasn’t granted, alleges that the owner did not negotiate […]



source https://therealdeal.com/2019/05/21/samvir-sidhu-sues-over-squashed-contract-to-buy-yorkville-property/

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