Kryss Sues Realtor Over Bezos Mansion Sale
Kryss Sues Realtor Over Bezos Mansion Sale
Kryss Sues Realtor Over Bezos Mansion Sale
News summary

Leo Kryss, co-founder of Brazilian toy company Tectoy, is suing real estate brokerage Douglas Elliman for allegedly misleading him about the buyer's identity in the $79 million sale of his Miami mansion. Kryss claims that Elliman's CEO, Jay Parker, assured him that Amazon founder Jeff Bezos was not the buyer, leading Kryss to accept a $6 million reduction from the $85 million listing price. However, Kryss later discovered that the purchaser was indeed connected to Bezos, prompting the lawsuit for the $6 million he believes he lost due to the misrepresentation. Douglas Elliman has filed a motion to dismiss the case, asserting that the buyer's identity was not disclosed to them either. Realtors note that wealthy buyers often conceal their identities to avoid price inflation.

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Last Updated
5 days ago
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