In Belmont Condominium Association, Inc. v. Geibel, 2013 WL 3387636 (App. Div. July 9, 2013), New Jersey’s Appellate Division affirmed in large part a substantial judgment against the sponsor, developer and general contractor of Belmont, a seven-story, thirty-four unit condominium building in Hoboken, under New Jersey’s Consumer Fraud Act, N.J.S.A. § 56:8-1 et seq. (“CFA”). The Belmont case highlights the significant dangers to sponsors, developers and their principal officers in marketing and building condominiums in New Jersey.
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