Press Release

Statement By Real Estate Board of New York President James Whelan on 200 Amsterdam Ave Court Ruling


February 16, 2020

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“The Court’s mistaken decision sets a dangerous precedent that threatens construction activity throughout New York City. If a specious lawsuit can reverse a nearly complete project, developers and lenders will lose faith that the City’s regulatory framework can actually be trusted.”

James Whelan, President, The Real Estate Board of New York