Plaza developer El-Ad Properties and Russian financier Andrei Vavilov?who sued El-Ad for "breach of contract" amidst complaints that two penthouses he was to buy for $53.5 million were "attic-like" spaces?have settled their lawsuits. El-Ad had countered Vavilov's suit with a defamation suit of their own. Terms of the settlement weren't released, and the penthouses haven't closed. Said Vavilov's lawyer, "We are very pleased with the outcome." Said Vavilov's wife, "Get me more penthouses!" OK, we're paraphrasing, but that's the gist. [City Room]
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