Ekstein’s “Obama Contingency Clause” Makes Major News

by jill ~ October 29, 2008


Last Friday, we announced that Ekstein Development (the lead developer for +aRt, a new condo development at 540 West 28th Street) was offering an “Obama Contingency Clause” for all contracts signed up until Election Day.  The idea is that if McCain wins, buyers can back out of the deal - no questions asked.  This has made major news around New York, including:

New York Magazine

Associated Press

Bloomberg News

New York Times

New York Daily News

The Real Deal

Curbed

If you’d like to learn more about the clause, or if you have questions, please contact Jill Feldman (jill@mediashoppr.com).

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