Recent Claims Settled By Firm
Michael Rikon settled the claim of Casino Contracting Corp. for $400,000. The City of New York appraised the property, which was a retention basin, for $0. The settlement followed a favorable decision by the Honorable Wayne P. Saitta which is reported at 33 Misc3d 586.
Jonathon Houghton settled the claim of 534 Bushwick Ave. Corp. with the City of New York for $2,840,000. The advance payment was $540,000.
Michael Rikon and Jonathan Houghton settled the claim of JFD Holding in the City of Niagara Falls for $770,000. The advance payment was $440,000.
Joshua H. Rikon settled the claim of Hart V. Metropolitan Transportation Authority for the taking of 1130 Atlantic Avenue, Brooklyn for $3,725,000. The advance payment was $2,825,000.
Philip Sanchez settled several trade fixture claims in the Fulton Transit Hub taking in Downtown Manhattan:
- Henry Modell Sports, $1,038,000. The advance payment was $215,000.
- Sterling Medical Management, $305,000. The advance payment was $65,000.
- Hero Crown Dental Law, $210,500. The advance payment was $24,000.
Robert Gottlieb settled the trade fixture claim of Enterprise Rent-A-Car for $690,950. The advance payment was $202,730.
Joshua Rikon settled the real estate claim of the Estate of Charles Turiano in the Udalls Cove Park Addition Proceeding in Queens for $5,675,000. The advance payment was $2,735,000.
Philip Sanchez settled the real estate claim of Reva Hart, et al for $4,250,000. The advance payment was $700,000.
Jonathan Houghton settled the fee claim of Jenny Branca for $538,000 in the Consolidated Firehouse proceeding. The advance payment was $300,000.
Michael Rikon and Philip Sanchez settled the real estate claim of Scaran Development in the Staten Island Mill Creek Bluebelt Fresh Water Wetlands proceeding. The final award was $800,000. The advance payment was $45,000.
Robert Gottlieb settled the real estate claim of Abu Ammar Corp for $840,000. The advance payment was $406,000.
Philip Sanchez settled the trade fixture and relocation claim of Diffo Auto Glass for $1,145,000. The advance payment was $277,000.
Jonathan Houghton settled the real estate claims of Michael Mendez in the West Bushwick Urban Renewal proceeding for $649,000. The advance payment was $284,000.
Jonathan Houghton settled the claim of George Cho, fee and trade fixtures for $1,420,000. The pre-vesting offer was $850,000.
Michael Rikon settled a claim for the acquisition by the Dormitory Authority of 85-115 Crown Street, Brooklyn for an addition to the Medgar Evers College. The case was settled on trial before the Honorable Abraham Gerges for $7,613,000. The Dormitory
Authority's pre-vesting offer was $2,250,000.
Robert Gottlieb settled a real estate claim in the Crown Heights Urban Renewal Project for $311,000. The pre-vesting offer was $190,000.
M. Robert Goldstein settled the claim of Vann L. Witcher in the Queens West Hunters Point proceeding for $17 million. The advance payment was $7.66 million.
Michael Rikon settled the claim of Lester Epstein for the taking of a four story office building at 47 East 44th Street, Manhattan for $9 million. The pre-vesting offer was $5 million.
Michael Rikon settled the claim of B&C Developers in Chapin Woods addition for $6,340,000 plus interest. The pre-vesting offer was $2,625,000.
Jonathan Houghton settled the claim of Mike Mendez for $648,940 plus interest when the advance was $283,920 in the West Bushwick Urban Renewal.
Michael Rikon settled the claim of Gladiator Realty Corp. against Con Edison for $23.5 million dollars. The condemnor's offer for 415 Bruckner Boulevard was $11,330,000.
Michael Rikon and Philip A. Sanchez settled the claim of Island Realty, et al in the Mill Creek, Staten Island Bluebelt proceeding for $3,500,000 plus interest. The advance payment was $124,950.
Philip A. Sanchez settled the claim of Jack Taback for $675,000 in the Edgemere Urban Renewal in Queens. The City had authorized an advance payment of $242,000.