Fashion mogul Tory Burch and a slew of ritzy residents at a famous Fifth Avenue tower are suing over an allegedly shady, secret deal to sell the building and evict the residents, according to new court papers.
Burch and the other embittered elites living at the historic Pierre Hotel say the deal, reportedly valued at $2 billion, has been shrouded in darkness, with the board refusing to produce even basic information to the shareholders.
The Pierre — which has been the home to celebrities such as Cary Grant, Elizabeth Taylor, Yves Saint Laurent, Aristotle Onassis and Art Garfunkel — is now “under threat of being sold right out from under them without their consent,” the suit claims.
The miffed elites claim that the board signed a term-sheet, or a tentative sale, with a mystery buyer with

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