Ira Russack v. Lipot Rosenberg

CourtNew Jersey Superior Court Appellate Division
DecidedApril 15, 2025
DocketA-2672-22
StatusUnpublished

This text of Ira Russack v. Lipot Rosenberg (Ira Russack v. Lipot Rosenberg) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ira Russack v. Lipot Rosenberg, (N.J. Ct. App. 2025).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-2672-22

IRA RUSSACK, individually, MARC RUSSACK, individually, AGHARTA RR FLETCHER LLC, a Delaware limited liability company, AGHARTA FLETCHER HOLDINGS LLC, a Delaware limited liability company, AGHARTA FLETCHER MEZZ LLC, a Delaware limited liability company, CROSBY 44 STREET REALTY LLC, and AGHARTA REALTY LLC, a Delaware limited liability company,

Plaintiffs-Appellants,

v.

LIPOT ROSENBERG, individually, LR MANAGEMENT GROUP LLC, a New York limited liability company, AGHARTA RR FLETCHER SUB LLC, a Delaware limited liability company,

Defendants,

and

JEFFREY LEVITIN, individually, LEVITIN & ASSOCIATES, PC, FLETCHER OFFICE CENTER LLC, a Delaware limited liability company, FLETCHER MGR LLC, a Delaware limited liability company, J&D PRINCETON LLC, a New Jersey limited liability company, 9W CORPORATE PLAZA MANAGER LLC, a Delaware limited liability company, FLETCHER AVENUE MEMBER LLC, a Delaware limited liability company, F-W FLETCHER LLC, a limited liability company, and JOSEPH FRIEDLAND, individually,

Defendants-Respondents. ___________________________________

Argued May 22, 2024 – Decided April 15, 2025

Before Judges Gummer and Walcott-Henderson.

On appeal from the Superior Court of New Jersey, Chancery Division, Bergen County, Docket No. C-000073-22.

Conrad M. Olear argued the cause for appellants (Strasser & Associates, PC, attorneys; Conrad M. Olear, of counsel and on the briefs).

Steven R. Vanderlinden argued the cause for respondents Jeffrey Levitin and Levitin & Associates, PC (Aronsohn Weiner Salerno & Kaufman PC, attorneys; Steven R. Vanderlinden, on the brief).

Fred R. Gruen argued the cause for respondents Fletcher Office Center LLC, Fletcher MGR LLC, J&D Princeton LLC, 9W Corporate Plaza Manager LLC, Fletcher Avenue Member LLC, F-W Fletcher LLC, and

A-2672-22 2 Joseph Friedland (Gruen & Goldstein, attorneys; Fred R. Gruen, on the brief).

The opinion of the court was delivered by

GUMMER, J.A.D.

Plaintiffs appeal from three orders granting on statute-of-limitations

grounds defendants' motions to dismiss pursuant to Rule 4:6-2(e) and an order

denying plaintiffs' subsequent reconsideration motion. Because the trial court

erred in dismissing plaintiffs' non-defamation claims against the law-firm

defendants without conducting an evidentiary hearing pursuant to Lopez v.

Swyer, 62 N.J. 267 (1973), we vacate the orders as to those claims and remand

the case for proceedings consistent with this opinion. We otherwise affirm.

I.

Plaintiffs filed the complaint initiating this lawsuit on April 19, 2022.

Plaintiffs identified and described themselves as Ira Russack, a real estate

investor and majority owner of the plaintiff entities; Mark Russack, a real estate

investor, minority owner of the plaintiff entities, and son of Ira1; and Agharta

RR Fletcher LLC, Agharta Fletcher Holdings LLC, Agharta Fletcher Mezz LLC,

1 Because of their shared last name, we use the first names of the individual plaintiffs to reference them. We do so for ease of reading and intend no disrespect. A-2672-22 3 and Agharta Realty LLC, entities formed by defendant Jeffrey Levitin, Esq., "for

the purpose of owning an interest in the real property located at 2200 Fletcher

Avenue" in Fort Lee. According to plaintiffs, Agharta Realty LLC owned 44%

of the property.

Plaintiffs named as defendants: Levitin and Levitin & Associates, a law

firm owned and operated by Levitin (collectively the Levitin defendants);

Fletcher Office Center LLC, Fletcher MGR LLC, J&D Princeton LLC, 9W

Corporate Plaza Manager LLC, Fletcher Avenue Member LLC, F-W Fletcher

LLC, and Joseph Friedland (collectively the Friedland defendants); and Lipot

Rosenberg, LR Management Group, and Agharta RR Fletcher Sub LLC

(collectively the Rosenberg defendants). According to plaintiffs, Rosenberg

was the sole owner and member of LR Management Group, and Agharta RR

Fletcher Sub LLC was formed by Rosenberg and Levitin without plaintiffs'

knowledge to own an interest in plaintiff Agharta RR Fletcher LLC. Plaintiffs

described Friedland as the manager of J&D Princeton LLC and Fletcher Avenue

Member LLC, the authorized signatory of Agharta Realty LLC and Fletcher

MGR LLC, and a participant involved in the purchase of the property and the

alleged defrauding of plaintiffs.

A-2672-22 4 In the complaint, plaintiffs alleged Rosenberg, whom Ira knew from

previous real-estate transactions, had approached Ira in January 2016 and

advised him he knew someone who was looking for an investor in the purchase

of the property. Plaintiffs believed Friedland was that individual and that

Friedland had enlisted Rosenberg to help him find another investor. According

to plaintiffs, Rosenberg represented to Ira that the property was going to be

purchased for approximately $40,000,000, the buyer needed an investor who

could provide cash at the closing in exchange for an ownership interest in the

property, and if Ira contributed $6,000,000, he would own 54% of the property.

Plaintiffs alleged Levitin represented Ira's interests in connection with the

transaction and did not tell him he and his firm were performing legal work for

Rosenberg in connection with the transaction.

Plaintiffs claimed unbeknownst to Ira, Levitin and Rosenberg "were

concocting a confusing web of entities to comprise the ownership structure that

not only deprived [Ira] of a 54% ownership interest in the Fort Lee property, but

also fraudulently provided . . . Rosenberg with a 40% ownership interest in the

entity which would co-own the Fort Lee property." According to plaintiffs, Ira

did not receive any documents regarding the purchase of the property after the

February 25, 2016 closing, and he was "completely in the dark about the

A-2672-22 5 transaction after signing all the assignments and documents presented to him by

Levitin in the beginning of February." Plaintiffs alleged their repeated demands

for copies of the closing documents were ignored and that "recently, upon [Ira's]

decision to terminate his relationship with Levitin . . . Levitin finally provided

[p]laintiffs with certain documents relative to the transaction whereby [p]laintiff

became aware of . . . the fraud that had been perpetrated by Levitin, Rosenberg

and the other investors in the property." Plaintiffs asserted they had become

aware for the first time that Agharta Realty LLC owned only a 44% interest in

the property on receiving a copy of the deed.

Plaintiffs pleaded eleven causes of action in their complaint. In count one,

entitled "Partition and Demand for Accounting," plaintiff Agharta Realty LLC,

claiming it owned 44% of the property as a tenant-in-common with defendant

Fletcher Office Center LLC, sought a judgment against defendant Fletcher

Office Center LLC, compelling the sale of the property, a partition of the

property pursuant to N.J.S.A. 2A:56-2 and distribution of the sale proceeds, and

an accounting from "the management company of the subject real property" 2 of

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Martinez v. Cooper Hospital-University Medical Center
747 A.2d 266 (Supreme Court of New Jersey, 2000)
Caravaggio v. D'AGOSTINI
765 A.2d 182 (Supreme Court of New Jersey, 2001)
Szczuvelek v. Harborside Healthcare Woods Edge
865 A.2d 636 (Supreme Court of New Jersey, 2005)
Bustamante v. Borough of Paramus
994 A.2d 573 (New Jersey Superior Court App Division, 2010)
Villalobos v. Fava
775 A.2d 700 (New Jersey Superior Court App Division, 2001)
Freeman v. State
788 A.2d 867 (New Jersey Superior Court App Division, 2002)
Lapka v. Porter Hayden Co.
745 A.2d 525 (Supreme Court of New Jersey, 2000)
Lopez v. Swyer
300 A.2d 563 (Supreme Court of New Jersey, 1973)
Binder v. Price Waterhouse & Co., LLP
923 A.2d 293 (New Jersey Superior Court App Division, 2007)
Nuwave Investment Corp. v. Hyman Beck & Co. (073551)
114 A.3d 738 (Supreme Court of New Jersey, 2015)
J.P. v. Gregory J. Smith
134 A.3d 977 (New Jersey Superior Court App Division, 2016)
Richard Catena v. Raytheon Company
145 A.3d 1085 (New Jersey Superior Court App Division, 2016)
Richter v. Oakland Bd. of Educ.
211 A.3d 1226 (New Jersey Superior Court App Division, 2019)
F.H.U. v. A.C.U.
48 A.3d 1130 (New Jersey Superior Court App Division, 2012)
Heyert v. Taddese
70 A.3d 680 (New Jersey Superior Court App Division, 2013)
Kendall v. Hoffman-La Roche, Inc.
36 A.3d 541 (Supreme Court of New Jersey, 2012)
Dimitrakopoulos v. Borrus, Goldin, Foley, Vignuolo, Hyman & Stahl, P.C.
203 A.3d 133 (Supreme Court of New Jersey, 2019)

Cite This Page — Counsel Stack

Bluebook (online)
Ira Russack v. Lipot Rosenberg, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ira-russack-v-lipot-rosenberg-njsuperctappdiv-2025.