Judge Aaron Maslow emphasized that "there are serious concerns about this entire transaction," highlighting issues around the sale amount and management of charitable assets.
The court was informed that the proposed sale price to Tomer Erlich was significantly less than the true value of the property, raising red flags regarding its legitimacy.
Local advocates argued for accountability for the developer, claiming he exploited legal loopholes to demolish the historic mansion, yet the judge’s ruling focused strictly on legal obligations.
Despite community interests, Judge Maslow clarified that his decision was not about neighborhood concerns, but ensuring proper management of nonprofit assets.
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