New York, NY – Real-estate Tycoon Aby Rosen At War With Business Partner

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    New York, NY – Real-estate and art-world magnate Aby Rosen and his fellow managing partner at RFR Holdings, Michael Fuchs, are locked in a legal battle with Harry Lis, their business partner of nearly 20 years, The Post has learned.

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    In a lawsuit filed in February, Rosen and Fuchs accuse Lis of refusing to provide cash to prop up struggling properties during the 2009 crash — yet insisting on collecting payouts from deals like the $28.9 million sale of 451 Lexington Ave. last November.

    Rosen and Fuchs say the group had agreed to treat its portfolio as a single entity so that when a building made money, they’d use it to shore up some of their less stable properties.

    Lis and his attorneys declined comment, but his wife, Melissa, said Rosen and Fuchs owe their success in New York real estate to her husband’s capital and mentoring.

    “Aby really needs to stop,” she said, adding that her husband is now planning to sue his estranged partners.

    Read more at The NY Post


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    5 Comments
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    12 years ago

    The beginning of the end! RFR should immediately stop the destruction of the ancient cemetery in Jaffa!

    seagul47
    seagul47
    12 years ago

    We need to know about someone’s court fights because?

    LEEAVE
    LEEAVE
    12 years ago

    B”h this is how humon’s n’filah started!

    For a long time he’s playing with fire, now he’s starting 2 get burnes