A Settlement at the Plaza
It may be cold and dreary today, but it's all warm and fuzzy inside the Plaza! Okay, maybe not, but Russian financier Andrei Vavilov and El-Ad Properties have settled their respective lawsuits. (Vavilov, as you may recall, paid $53.5 million for a triplex in the building and then filed suit to get his $10.7 million deposit back; El-Ad countersued shortly thereafter.) Terms of the settlement are confidential, but Vavilov's lawyer says his client is "very pleased with the outcome." Nice to hear someone has something to be happy about today! [City Room]