Frank Scarfone, a retired engineer who bought two preconstruction units at Hollywood Station, a complex going up in Hollywood, is seeking to cancel his contracts. Each unit is priced at $300,000. The developer promised a city view from both units, Mr. Scarfone said, but now another building in the complex is blocking it — a change that he said made the contracts unenforceable.
He sent a letter demanding his total deposit of $120,000 back, and after getting no reply, picketed the developer’s office. Then Mr. Scarfone called a lawyer, Matthew Schlesinger, who has been unable to recoup the deposit so far.
“If we have to sue,” Mr. Scarfone said, “we’re planning on suing.”
Saturday, May 26, 2007
Saturday Rock Blogging III: Every Man Needs Protection
From the New York Times, "As Condos Rise in Florida, Investors Try to Flee":