MULTI CAPITAL GROUP LLC v. KARASICK

3080, 652598/11.

149 A.D.3d 437 (2017)

2017 NY Slip Op 02725

52 N.Y.S.3d 37

MULTI CAPITAL GROUP LLC, Appellant, v. MARK KARASICK et al., Respondents.

Appellate Division of the Supreme Court of New York, First Department.

Decided April 6, 2017.


In June 2007, plaintiff, Multi Capital Group, LLC, a real estate investment banking firm, submitted an offer to purchase the U.S. Steel Tower building, located in Pittsburgh, Pennsylvania. At the time, the asking price for the building was approximately $348 million, and plaintiff was unable to finance the purchase by itself. Shortly thereafter, plaintiff's representative met defendants Harry Skydell and Mark Karasick, real estate investors, who began discussions about purchasing...

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