A state Supreme Court judge ruled Friday that the developers should lose control of One Madison Park, with full authority over the condo going to the interim receiver. Given the buyer backouts, missing money, forgery accusations, and sales halt at the project, we can't quite call this a shocker. Developer Ira Shapiro's attorney says he'll still be involved in building sales, which, last we heard, were going gangbusters. [Real Deal; previously]
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