Sponsor trying to break contracts in Williamsburg

consider it a blessing, but make sure you get some interest

You should have a case. Burg is in a bit of a frothy bubble at the moment so sitting out the market for the past few months has certainly hurt you.

You need to contact the office of NY State Attorney General. Good luck!
http://www.ag.ny.gov/resource_center/complaints/complaints.html

Seems like theirs a group coming together... http://ny.curbed.com/archives/2012/01/26/williamsburg_condo_jardin_refunding_buyers_going_rental.php#reader_comments

What does the contract say about the sponsors ability to not do a condo and refund deposits? If theso contract (and/or offering plan) allows them to decide to not sell, then they are not "breaking contract". It sucks, but if they have the legal right, then what can you do? If they are indeed breaking contract, it becomes much more complicated.....

It's the Universe giving you a second chance.

Take the money and run. Fast. And don't look back.

You're welcome.

http://online.wsj.com/article/SB10001424052970204792404577225241914373170.html?mod=djemNYRealEstate_t?mod=djemNYRealEstate_t&reflink=djemWLB

my partner and i own a number of properties in the area and we are local specialist brokers happy to find anyone whose contract was cancelled a great deal in williamsburg at flat.finders@yahoo.com
cheers!