Air rights brokerage accuses Brookfield of failing to pay commission on Hudson Yards deal

A brokerage that specializes in air rights deals claims Brookfield Properties cheated it out of a $375,000 commission for a sale in Hudson Yards. City Center Real Estate found a buyer for Brookfield’s air rights at 401 West 31st Street but didn’t receive any payment for its services, according to a lawsuit filed in New York state Supreme Court. The brokerage alleges that it found Sherwood Equities, which agreed to purchase the air rights for […]


Source: Real Estate

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