July 26, 2024 5:02 pm
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CityNorth developer is suing law firm

By Michael Clancy

Bruce Gray, founder of Gray Development Group

The Arizona Republic

A prominent Phoenix law firm is the target of a lawsuit claiming its actions put the developer of CityNorth out of business.

The developer, a subsidiary of the Klutznick Co. called Northeast Phoenix Partners, also controlled development rights throughout the 5,700-acre Desert Ridge development in northeast Phoenix.

But Northeast Phoenix Partners, or NPP, lost both CityNorth and Desert Ridge in a lawsuit with another developer, Gray Development Group, resolved earlier this year.

The new lawsuit, filed last week, claims Gammage & Burnham was NPP’s attorney when it advised Gray on how to proceed with an effort to increase residential density on a Desert Ridge parcel north of Desert Ridge Marketplace. The suit says Gammage gave NPP conflicting advice, urging them to oppose Gray’s effort.

Continued:

Also: US suit alleges mortgage fraud/The Arizona Republic

If you’d like to discuss real estate matters, contact Rose Law Group Founder Jordan Rose, jrose@roselawgroup.com

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