Rishi Bhandari agreed to pay $795,000 for a two-bedroom apartment in a building being converted to condominiums, the New York Times reports. Shortly before closing, he noticed the unit was smaller than he expected. The bedrooms, living room and kitchen were supposed to cover 743 square feet, but Bhandari’s measurements showed 634 square feet.
The developer offered to refund Bhandari’s deposit and let him out of the contract, but Bhandari didn’t like the offer. Instead, Bhandari wanted a price reduction for the discrepancy, calculated to be about $111,000 by one appraiser. His suit claims deceptive trade practices and false advertising.
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