Wednesday 19 August 2020

Hudson Yards’ EB-5 investors demand arbitration with Related

A group of Chinese EB-5 investors is demanding arbitration proceedings with Related Companies to determine whether they can inspect the developer’s books. Douglas Litowitz, a lawyer representing the investors in the Hudson Yards megaproject, emailed a written notice this week to Related CEO Jeff Blau and counsel Andrew Harris of Levitt & Boccio. A messenger also served the documents to the developer’s West 55th Street office. The dispute dates back to June, when Related informed



source https://therealdeal.com/2020/08/19/hudson-yards-eb-5-investors-demand-arbitration-with-related/

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