Three real estate brokers are being sued over claims they committed fraud.
George S. Feiwell filed a lawsuit Nov. 8 in the Circuit Court of Cook County against Michelle Martin, Elizabeth Green and Kevin Wood, citing fraud, consumer fraud and breach of fiduciary duty.
According to the complaint, Feiwell entered into a broker agreement with @Properties, with Martin serving as the company's designated agent, to sell his property at 1339 Sutton Place in Chicago.
Feiwell claims that in March, potential buyers viewed and were interested in purchasing his property. The buyers, the suit states, submitted two offers to purchase the property, but Martin never advised Feiwell of the offers and told the buyers their offers were rejected.
The complaint states that on April 3, 2012, Martin sent Feiwell a revised offer from Green -- a sales associate, broker associate or a broker at @Properties-- to purchase Feiwell's property.
Without knowing other buyers were interested in purchasing his property, Feiwell accepted that offer, the suit states, adding that Green then entered into a Assignment and Assumption of Real Estate Contract with the interested buyers for Feiwell's property for $100,000.
Wood is also associated with @Properties and partnered with Green in the actions taken with respect to Feiwell's property, according to the complaint.
Feiwell is seeking at least the $100,000 paid by the buyers to purchase the property and the broker commissions he paid to @Properties, Martin, Green and/or Wood, as well as treble damages and costs.
He is being represented by attorney Ronald A. Damashek of Stahl Cowen Crowley Addis LLC.
Circuit Court of Cook County Case No. 2013L012368.
This is a report on a civil lawsuit filed in the Circuit Court of Cook County. The details in this report come from an original complaint filed by a plaintiff. Please note, a complaint represents an accusation by a private individual, not the government. It is not an indication of guilt, and it only represents one side of the story.