Financial exec slapped for refusing to pay $600K fee for auction of his NYC penthouse: Court docs
Financial executive Randy Landsman and his wife are being sued for not paying a $600,000 fee after canceling an auction for their NYC penthouse. Sotheby’s claims they owe over $833,000 due to various fees after the couple breached their contract. The Landsmans argue that the auction house failed to meet certain conditions, but their motion was denied in arbitration.
- ▪Randy Landsman and his wife auctioned their Tribeca triplex for $5 million in 2024 but later canceled the sale.
- ▪Sotheby’s claims the couple owes more than $833,000, including a $600,000 auction fee.
- ▪The Landsmans argue that Sotheby’s breached the agreement, but their motion for dismissal was denied.
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Real Estate exclusive Financial exec sued for refusing to pay $600K kill fee for canceling auction of his NYC penthouse By Lauren Elkies Schram Published May 28, 2026, 4:01 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Financial exec Randy Landsman and his wife Robin auctioned their Tribeca triplex via Sotheby’s for $5 million in 2024 — then blew off the sale and refused to pay the $600,000 auction house fee, according to a new lawsuit. Sotheby’s Concierge Auctions claims in court documents that the couple now owes more than $833,000, including various fees. The four-bedroom, three-bathroom triplex at 11 Vestry St.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.