Thursday, 20 September 2018

Six Sigma faces allegations of financial mismanagement at West Chelsea site

Six Sigma NYC’s condominium development in West Chelsea is in peril amid allegations from the project’s lender that company founder Jason Lee has been skimming money off the budget through a kickback scheme. The development firm took the dire step of putting the under-construction project at 435 West 19th Street into bankruptcy earlier this month in order to avoid a foreclosure auction, court records show. Six Sigma’s lender on the project, Soho-based Churchill Real Estate […]



source https://therealdeal.com/2018/09/20/six-sigma-faces-allegations-of-financial-mismanagement-at-west-chelsea-site/

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