Christopher Smart was quoted in The Real Deal, in an article titled “Jockey Club Unit Owners Hit With $347K Judgment in Suit Tied to Common Areas.” The article discusses a recent ruling in which a Jockey Club condo association was hit with a $347,000 judgment. This is the latest chapter in a nearly decade-long saga between the association and developer Doron Arad over maintenance fees, property rights, and the potential development of a new tower on the waterfront Jockey Club property.
“There was a settlement agreement pursuant to which all of these things should have been done and accomplished,” said Smart, who represents Doron Jockey. But the association “chose for whatever reason to go against their agreement. They brought the lawsuit. Here they are a couple of years later, spent all this money on behalf of unit owners, and they ended up owing Doron Jockey money.”
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