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225 Rector Place and Yair Levy[/caption]
The wife and daughter of developer of Yair Levy have been ordered to appear in court Feb. 21 on possible contempt charges, after failing to comply with subpoenas related to allegations that Levy fraudulently transferred property to them. State Supreme Court Judge Joan Madden ordered Levy’s wife, Sosana, and daughter, Galit, to appear at a contempt hearing linked to a 2011 judgment for $11 million against the developer by Anglo Irish Bank, the lender at Levy’s failed Rector Square condominium at 225 Rector Place in Battery Park. (The Related Companies bought the debt at Rector Square and took over the project.) [more]
