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Gladstone suit against Maloney tossed by Manhattan judge

A Manhattan State Supreme Court judge dismissed a lawsuit brought by Madison Equities’ Robert Gladstone against Property Markets Group boss Kevin Maloney on Thursday. The suit alleged that Maloney and PMG’s negligence and mismanagement of a joint condo development at 10 Sullivan Street resulted in construction delays that caused the partners to miss out on $30 million in profits. But that partnership is precisely why the lawsuit’s claims didn’t make sense, Judge Shirley Werner Kornreich […]

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