Judge tosses Pierre Hotel lawsuit opposing $2B sale

by The Real Deal

Social: A judge tossed the lawsuit filed by residents of the Pierre Hotel against the board. The lawsuit over the future of the Pierre Hotel is no more, but neither side is willing to admit defeat. A judge dismissed the lawsuit brought by residents of the building last month, Page Six reported. The New York Supreme Court judge ruled that the lawsuit was no longer relevant because one of the biggest claims — a lack of transparency from the building’s board — had been alleviated. The board has turned over a non-binding term sheet to the tenants, along with three […] This article originally appeared on The Real Deal. Click here to read the full story.
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