Zeckendorfs can keep LA Angels’ ex-owner Arte Moreno’s $9M deposit, judge says
Los Angeles Angels owner Arturo Moreno is on a losing streak. In 2023, his team lost out on re-signing superstar two-way player Shohei Ohtani. This year, the Angels lost 100 games, a first for the franchise. And now, Moreno has lost in court. A federal judge ruled against Moreno in his years-long dispute with the Zeckendorf family, finding that the developers would hold on to his $8.5 million deposit for a penthouse at 520 Park Avenue. Moreno and his wife, Carole, agreed in 2017 to buy PH-58 for $34 million. After putting down an $8.5 million deposit, the couple backed […]This article originally appeared on The Real Deal. Click here to read the full story.
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