New York judge deals setback for Harry Macklowe in 432 Park legal battle

Harry Macklowe has lost a round in the legal battle over 432 Park Avenue.  A New York appellate court ruled against the developer on Tuesday, rejecting his bid for indemnification in the long-running litigation over alleged construction defects at the Billionaires’ Row supertall. The developer’s argument hinged on his status as a member of the condo board from 2016 to 2020. The ruling means Macklowe can’t force the building’s condo board to cover his legal costs or any judgments issued against him in a pending lawsuit by the board. It reversed a previous decision by a judge in a lower court, […]

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