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Putting the Fun in Refund

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The state attorney general ruled late last week that developer Extell must release 41 buyers from their contracts at Riverside Boulevard's Rushmore. But Extell's not giving up that easily: The Real Deal reports that Extell's challenging the ruling. The developer's argument remains that the closing date was just a typo. The building's 65 percent sold but still stands to lose a whopping $105 million in buyer refunds. [Real Deal; previously]

The Rushmore Condominium

80 riverside boulevard, new york, ny 10069-0318