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Dolly Lenz and her Prudential Douglas Elliman sales team at the Apthorp apartment building on the southwest corner of Broadway and 79th Street have "resigned from the project, citing unpaid commissions," according to an article Thursday at ny.curbed.com.

The article said that she wrote a letter to Andrew Ratner of the Feil Organization that said that "further to our demand letter regarding unpaid commissions, it is with deep regret that we must inform that effective immediately, we the undersigned hereby resign from the Apthorp condominium."

"Additionally," the letter continued, "due to a total lack of communication and direction, a continuing situation beyond our control, it has become increasingly clear that despite out best efforts we can not effectively discharge our duties with respect to the sales and marketing of the Apthorp condominium. This is negatively impacting our reputations, a situation which we can no longer permit to continue. We will of course make ourselves available to ensure a seamless transition with whomever you designate going forward."

In addition to Ms. Lenz, the letter was signed by Brett Forman, Nichola Polihros, and Adam Vanderbrook.

The article noted that Ms. Lenz by all accounts "pretty much saved the Apthorp's controversial condo conversion plan when she was brought on at the last second and helped sell the required amount of apartments by last summer's deadline."

An article by Matt Chaban at observer.com quoted a statement from Prudential Douglas Elliman that said that during the firm's "tenure as the exclusive sales agent for the Apthorp, it sold more than $110,000,000 worth of units and enabled and enabled the developer to declare the Condominium Offering Plan effective."

"Notwithstanding Prudential Douglas Elliman's success, its contract was expiring and the developer and Prudential Douglas Elliman mutually decided to end their relationship," the statement continued.

An article by Craig Karmin in Friday's edition of The Wall Street Journal said that "The Apthorp's owners and management group, led by Africa Israel USA and Broadwall Management, said in a written statement that the marketing and sales team has been under review for several months."

The article said that, in a statement, they said that they decided "to change teams, informed Prudential Douglas Elliman, and is now in the final stages of negotiations with Corcoran Sunshine to replace Prudential Douglas Elliman."

The Apthorp owners, the article continued, also said they wouldn't comment "on Ms. Lenz's allegation of non-payment of commissions."

According to the article, Ms. Lenz "took charge of the Apthorp in July 2009, when the building needed two dozen additional sales by the middle of September 2009 for 15% of the 163 units to be in contract, a condition required for the building's offering plan to be accepted by the New York attorney general's office. The Apthorp reached that goal. After an unusually long attorney general review that lasted nearly nine months, Andrew Cuomo's office approved the plan, allowing conversions to begin. The Apthorp has about three dozen units that have closed or are in contract."

"The Apthorp, a 102-year old landmark building, has been on a rollercoaster ride since the property was purchased for $426 million, one of the highest prices ever paid for a rental building. Partners in the venture feuded in court and later one was changed. Also, a lender threatened foreclosure before the debt was restructured last year," the article said.

An article by Chloe Malle yesterday at observer.com noted "if you think bedbugs are bad, then wait until you see the rodent traps in the Apthorp's famous courtyard (they are hidden in plain sight under Disneyland-like plastic rocks, the kind an idiot hides his keys beneath). The Apthorp's contaminated living conditions - think lead exposure and construction-revealed walls of asbestos - have been aired before in places like New York magazine, but fast-tracking rodents take it to a whole new level."
Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.