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Plaza Lawsuit Rebuttal

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Plaza developer Elad has issued a statement through its lawyers regarding the lawsuit filed by Russian buyer Andre Vavilov, who is suing over?among other things?"lower than represented ceiling heights," and "unappealing drainage grates" in his $53.5 million spread: "The lawsuit filed by the purchaser of two penthouses at The Plaza is baseless at its core. Its meritless allegations are aimed at camouflaging the purchaser’s failure to meet his legal obligations to close. The apartments as delivered are the apartments as described on the plans he reviewed and the contract he signed. Because the purchaser has, for some reason, changed his mind and decided not to close, does not alter the facts. We have an iron-clad contract which we are confident will be upheld by the courts." Fight! [CurbedWire Inbox]

The Plaza

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