As recently reported in the Austin American Statesman, a lawsuit has been filed in Austin regarding the failed sale of the Austin Music Hall in downtown Austin. The lawsuit is filed in Travis County District Court and according to the Court documents, $200,000.00 in earnest money has not been returned from the failed sale.
According to the article, the purchase price of the building was about 7.7 million, but a failure to remedy permit issues may have killed the sale.
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