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A Suffolk Superior Couryt judge Monday issued a preliminary injunction against the a joint venture of and The injunctiobn prohibits the developers from renting or leasing the condok units it is supposed to sell tothe plaintiffs, accordinhg to a press release from the group’s lawyers, . Equity Residential’s spokesman, Marty McKenna, said he coulf not comment “because of pending litigation.” Extell did not immediatel return a callfor comment.
The filed in April by a grouoof professors, alleges that Equity Residential and Extellp Development refused to allow buyers to close on the purchaseas and move into theier condo units and did not record condominiumm master deeds with the of Deeds. The development, callexd 303 Third St. in Cambridge’s Kendall Square neighborhood, was originallty approved for 527 units intwo buildings, the so-calles North and South developments.
The North building contains rental units and is not part of the According to the the developer is now in discussion with the city of Cambridg e to rent the South building as In a previous Boston BusinessJourna story, Cambridge’s director of land use and zoning for the confirmedf the developer filed plans with the city to convert the South building to rentals.
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