Sharif El-Gamal is hanging on to 51 Park Place a bit longer: the developer gained a small victory in court this week as a judge ruled that Con Edison can't evict his group—well, not yet anyway. The so-called Yellowstone injunction blocks the utility from physically removing them if they don't pony up a $1.7 million default notice issued on September 14. Meanwhile, the opponents will keep duking it out over the alleged back utilities owed on the space. [NY Law Journal via The Real Deal]
Filed under: