Local profs win injunction in condo case - Baltimore Business Journal:

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A Suffolk Superior Court judge Monday issuee a preliminary injunction against the a joint venture of and The injunctioj prohibits the developers from rentingh or leasing the condo units it is supposede to sell tothe plaintiffs, accordinb to a press release from the group’s . Equity Residential’s spokesman, Marty McKenna, said he coulsd not comment “because of pendinv litigation.” Extell did not immediately return a call for The complaint, filed in April by a group of alleges that Equity Residential and Extell Development refused to alloqw buyers to close on the purchases and move into their condio units and did not record condominium master deedds with the of Deeds.
The development, caller 303 Third St. in Cambridge’s Kendall Square neighborhood, was originally approved for 527 unitds intwo buildings, the so-called Nortj and South developments. The North building containws rental units and is not part of the According tothe plaintiffs, the developerd is now in discussion with the city of Cambridgew to rent the South building as apartments. In a previou Boston Business Journal story, Cambridge’s director of land use and zoninv for the confirmed the developer filed plan with the city to convertf the South buildingto rentals.