The Arden Group and Hello Living started out as partners on the acquisition of an Inwood development site. Now, the two developers are adversaries in court, having filed lawsuits against each other this week over their failed venture. After the partnership over 4650 Broadway broke down, Arden went ahead with the deal alone. Last week, it paid $54 million for the site that spans 47,000 square feet and is in an Opportunity Zone. Arden wants
source https://therealdeal.com/2019/11/19/hello-lawsuit-spurned-inwood-dev-site-buyer-hello-living-sues-ex-partner/
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