Conrad Black in more hot water over Real Estate Deal
Conrad Black in more hot water over Real Estate Deal Mar 4, 2006 - Linknet Real Estate NewsAccording to a Reuters story, Conrad Black is being sued by Sotheby's International Realty Inc. for failing to pay the commission on the sale of his multi-million-dollar Park Avenue apartment. Sotheby's claim they had a contract to sell the apartment, but have not been paid the commission on the .5 million sale finalized last October. That commission amounts to 7,000. Most of the money from the sale was grabbed by the FBI. They moved in at the time of closing and seized million claiming it was part of the alleged fraud scheme Black is being prosecuted for. Another million went to pay taxes. Rick Hendershot publishes Linknet News | Commercial Loans and Commercial Mortgages | Kitchener Ontario Real Estate Article Source: http://www.click-partners.com
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