Peter Fine’s Atlantic Development is suing two major New York landlords, Larry Silverstein and Joseph Moinian, over funds the developer planned to use to fund below-market rate housing.
In court complaints filed against subsidiaries controlled by Messrs. Silverstein and Moinian, Atlantic claims the two landlords owe him millions—$3 million on the part of Mr. Moinian and unspecified “millions” on the part of Mr. Silverstein—for breaching contracts to buy development rights or certificates from Atlantic....
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