Joseph Chetrit, until recently the much maligned owner of the Chelsea Hotel, is suing somebody. (Surprise!) The real estate mogul claims he entered into an agreement with another real estate mogul, Joseph Tabak, to buy a coveted 14-building portfolio but at the last minute Tabak gave the contract to a third real estate mogul, Gary Barnett, instead. This is like the first act of a movie where all three guys get put under a spell that teaches them the importance of treating people nicely. [The Real Deal; previously]
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