A suit brought by an attorney against a real estate developer claiming construction delays on his condominium caused financial harm has resulted in a finding by a Manhattan judge that the developer was not liable for the lawyer’s increased mortgage costs.
Mitchell Hurley signed a purchase agreement for a condo unit in December 2012 at 52 Laight Street, but the building was not approved for occupancy until September 2013, well after his locked in mortgage rate expired.
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