therealdeal.com – Wendy Maitland, who The Real Deal reported earlier today is leaving Town Residential, is suing the brokerage, accusing co-owner Joseph Sitt of starving the company of funds.
In a lawsuit filed Wednesday in New York State Supreme Court, Maitland claims Sitt’s withholding of funds cost the company agents and a new development exclusive. She also claims it watered down the price the company would fetch if it were sold.
A spokesperson for Thor Equities, Sitt’s investment firm, declined to comment. Maitland couldn’t be reached for comment.
Categories: Real Estate