Normandy sues Rosengarten, designer Elie Tahari over 88 University Place deal

Elie Tahari and 88 University Place in Greenwich Village

Elie Tahari and 88 University Place in Greenwich Village

Normandy Real Estate Partners is suing developer Gerald Rosengarten and fashion designer Elie Tahari over an unsuccessful Greenwich Village deal, claiming it was cheated out of a property it negotiated exclusive rights to buy a day prior.

The lawsuit, filed in New York State Supreme Court, claims Normandy entered an agreement with Rosengarten’s 24 East 12th Street Associates LLC earlier this year to acquire the 75,000-square-foot building’s ground’s lease and a $70 million purchase option with the owner, Himmel + Meringoff Properties. (more…)

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