Burge and his wife, attorney Susan Burge, purchased 600 Broadway in 1985, but ownership transferred to the newly formed Whiteacre North Ltd. in 1997. At the time, the company was comprised of the Burges and fellow lawyers Sam Bradley and Michael Tully.
Bradley left the company in 2001, selling his share to Tully. The Burges and Tully reached a deal to sell the property to attorney Shimane Smith and his wife, Azuree Smith, in January 2007, just after Burge took office.
The deal called for the Smiths to pay off the remainder of the approximately $250,000 mortgage on the building and to pay the former owners of Whiteacre North $70,000 by January 2011.
But the Smiths defaulted on the payment, and control reverted to the Burges and Tully in February 2011.
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