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BODANSKY v. FIFTH ON THE PARK CONDO, LLC

Nos. 09 Civ. 4651(DLC), 09 Civ. 6433(DLC).

732 F.Supp.2d 281 (2010)

Lola BODANSKY, Plaintiff, v. FIFTH ON THE PARK CONDO, LLC, Eytan Benyanin, and Robert Ezrapour, Defendants. Steve Bergen and Lynne Schalman, Plaintiffs, v. Fifth on the Park Condo, LLC, Eytan Benyanin, and Robert Ezrapour, Defendants.

United States District Court, S.D. New York.

January 29, 2010.

Attorney(s) appearing for the Case

Lawrence C. Weiner , Alan Wasserman , Wilentz, Goldman & Spitzer P.A., Woodbridge, NJ, for Plaintiffs.

Daniel A. Ross , Sandra Rampersaud , Derek I.A. Silverman , Stroock & Stroock & Lavan LLP, New York, NY, for Defendants.

OPINION & ORDER

DENISE COTE, District Judge:

This dispute arises out of the efforts of the plaintiffs, purchasers of units in a condominium development in New York City, to rescind their purchase agreements based on alleged violations of the registration and disclosure requirements of the Interstate Land Sales Full Disclosure Act, 15 U.S.C. §§ 1701-1720 (2009) ("ILSA" or the "Act"). The developer and its managing members, defendants...

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