Congratulations, 20 Pine, you're the next condo building being sued by buyers trying to back out of their contracts citing the ILSA law/loophole. A judge just denied the attempt by the sponsors to toss out the lawsuits, filed by a pair of buyers looking to get out of those boom-time contract pledges. Buyers recently scored a big ILSA victory in the neighborhood, so we'll see how this one plays out. [Real Deal]
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