The legal saga of this Billionaires’ Row tower continues, but the developers just scored another victory. A federal appeals court threw out a RICO claim against developers and lenders at 111 West 57th Street, affirming a lower court’s October decision, David Jeans reports. AmBase Corporation, which provided $65 million equity to acquire the development site, has lobbed a total of four complaints in federal and state courts against JDS Development Group, Property Markets Group and […]
source https://therealdeal.com/2019/09/04/the-daily-dirt-billionaires-row-developer-secures-legal-win-again/
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