Thor sues Lightstone execs for $80M – Robert Khodadadian

, Thor sues Lightstone execs for $80M – Robert Khodadadian, Robert Khodadadian

Thor Equities filed a lawsuit against three Lightstone Group executives over their activities with former heads at Joe Sitt’s firm. The lawsuit, filed this week in New York County Supreme Court, names Lightstone chairman David Lichtenstein, president Mitchell Hochberg and executive vice president Joseph Teichman, the Commercial Observer reported. Thor alleges in the suit the executives helped two former executives of Thor “breach fiduciary duties.” Those executives, ​​former Thor vice presidents Jonathan Scheinberg and William

 Thor Equities filed a lawsuit against three Lightstone Group executives over their activities with former heads at Joe Sitt’s firm. The lawsuit, filed this week in New York County Supreme Court, names Lightstone chairman David Lichtenstein, president Mitchell Hochberg and executive vice president Joseph Teichman, the Commercial Observer reported. Thor alleges in the suit the executives helped two former executives of Thor “breach fiduciary duties.” Those executives, ​​former Thor vice presidents Jonathan Scheinberg and William
The post Thor sues Lightstone execs for $80M appeared first on New York.  Commercial Real Estate, Home Page, lightstone group, Real Estate Lawsuits, Thor Equities The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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