At 111 West 57th Street, the under-construction luxury residential tower’s legal history is as long as the tower is tall. And it’s about to get longer. AmBase Corporation, a Connecticut-based holding company that invested $65 million equity into the building’s initial partnership, has filed its fourth claim against the developers of the project, accusing them of a “corrupt agreement” that wiped the firm’s stake in the project and is now seeking to again to reclaim […]
source https://therealdeal.com/2019/05/23/sour-grapes-at-111-west-57th-ambase-tries-again-to-reclaim-the-manhattan-supertall/
No comments:
Post a Comment