Cement mason worker Christopher Bertuzzi is suing Tishman Construction, Silverstein Properties, the Durst Organization and the Port Authority of New York & New Jersey after getting seriously injured while working at 1 World Trade Center.On Aug. 4, 2014, Mr. Bertuzzi, who was employed by Holt Construction, suffered “serious injuries to the body” which have caused him ongoing problems while working on the 93rd floor. In his suit, Mr. Beruzzi says “two sections of scaffolding, which were improperly placed or stacked were caused to collapse on plaintiff thereby causing serious injury to the plaintiff.” Read More
There’s something very fishy on the Lower East Side and it’s not the Fulton Fish Market. A mysterious deal to sell a shul out from under its members and donate more than three-quarters of the proceeds to a small unrelated sect in Israel has raised so many red flags that it looks like a rally in Tiananmen Square.
Here’s what’s happening: Read More
United American Land is suing an investment banker for renting out his rent-stabilized Tribeca apartment by the night.The real estate development and management company alleges in a New York Supreme Court lawsuit that William Terry Krueger, the co-founder and senior managing partner at Nova Capital Partners, an investment bank focused on emerging markets, and the other tenant of record, Adrienne Kennedy, were renting out Unit 5SW at 118-120 Duane Street between Broadway and Church Street on a nightly basis. The recent suit also names the subtenants, John Doe and Jane Doe, as defendants. Read More
A week before the city and opponents of New York University’s 1.9-million-square-foot expansion plans in Greenwich Village will make oral arguments in court, NYU President John Sexton reaffirmed the vision behind the four buildings of classrooms, offices and dorms slated for a site bound by LaGuardia Place, Houston Street, Mercer Street and West 3rd Street south of Washington Square Park.
Manhattan State Supreme Court Judge Donna Mills ruled in January that part of the university’s designs for the two “superblocks” require approval from the State Legislature due to its use of land currently occupied by playgrounds and open spaces that have, in effect, become public parks. Read More
The dispute between Pacific Park Brooklyn developer Forest City Ratner Cos. and contractor Skansksa USA Building escalated to the courts today. The construction firm that’s under contract to build B2, a residential building slated for the area around Barclays Center that used to be known as “Atlantic Yards,” filed a suit against Forest City just 16 minutes before the developer slapped the contractor with its own suit in Manhattan state court.
The contractor alleges “serious commercial and design issues” are plaguing the 363-unit, 32-story residential building that will be constructed from 930 pre-fabricated steel modules, but the complaint filed by Forest City’s lawyers contends that Skansksa should take responsibility for cost overruns and delays that led to a work stoppage and furloughs for 150 workers last week, an argument that the contractor steadfastly denies. Read More
Employees of P.J. Clarke’s, the steaks and chops chain whose owners slapped Brookfield Office Properties subsidiary WFP Retail Co. with a $40 million lawsuit last month, are digging their heels in against a landlord they say is ruining their business at 4 World Financial Center.
The Battery Park City restaurant’s more than 75 employees are raging about the constant jackhammer noise in the bar, the rotating temporary entrance in front of the eatery and the scaffolding that’s blocked off parts of the patio adjacent to the Hudson River, and with primary owners Phil Scotti and Arnold Penner alleging business has fallen by 50 percent since construction started at Brookfield Place two years ago, the workers expressed solidarity during a rally for employees of the seven-location chain Wednesday night. Read More
The owners of upscale restaurant chain P.J. Clarke’s have slapped Brookfield Office Properties subsidiary WFP Retail Co. with a $40 million suit alleging the Brookfield Place developer has driven down its business by 50 percent and tried to force the eatery out of its location at 4 World Financial Center.
Restaurateurs Phil Scotti and Arnold Penner, who, along with a group of investors, own the seven-location steaks and chops chain that started at East 55th Street and Third Avenue in 1884, allege their landlord has purposefully erected sidewalk sheds that block views of the Hudson River and the Statue of Liberty, closed off escalators leading to the restaurant to prevent foot traffic and made life miserable for customers and staff with leaks and noises stemming from constant construction at the site. Read More
The United States Department of Justice has reportedly reached an agreement to distribute the proceeds from the sale of 650 Fifth Avenue to families who were impacted by terrorist attacks allegedly carried out by Iran. Read More
An ex-con has filed a lawsuit claiming that Jody Kriss, his ex-business partner at Bayrock Group, “used mob tactics” to try to get his half of a $2.5 million payout in a land deal, according to a new lawsuit reported by the New York Post.
The suit stems from Salvatore Lauria, a Mafia-associate-turned-informant, allegedly brokering an $85 million real estate deal with the FL Group of Iceland in 2007.
Kent Swig will reportedly face off in court with JPMorgan Chase tomorrow after suing the bank on Thursday, claiming that its plan to sell his office tower at 90 Broad Street violates a 2006 “last look” agreement that Mr. Swig had with the bank.
RXR Realty’s legal representation plans to pursue its lawsuit against American Realty Capital and George Comfort & Sons over the sale of Worldwide Plaza, Stephen Meister, attorney for RXR, told The Commercial Observer.
The lawsuit, filed last month, alleges RXR had reached an agreement to buy the 48.9 percent stake in the 59-story, 1.8-million-square-foot tower with American Realty Capital as an investment partner, which included the right to purchase the entire property for a combined $1.35 billion. Read More
Eastern Consolidated is suing former associate broker Robert Khodadadian, claiming he violated company policy when he allegedly messaged a cellphone video of himself masturbating “to conclusion” to a teenage intern.
Mr. Khodadadian allegedly sent the (faceless) video to the female intern on April 24, two days before the Manhattan-based commercial real estate firm canned him Read More
The CEO of west coast residential brokerage Realty One Group has been accused of rape and a long list of other offenses against a former employee, Courthouse News Service reported.
7 West 57th Street Realty Co., a real estate company controlled by Sheldon Solow, filed a lawsuit in federal court yesterday against Citibank, Bank of America, Barclays, JPMorgan and a number of other banks for allegedly conspiring to manipulate the London Interbank Offered Rate (Libor).
The complaint alleges the defendant banks’ conspiracy to manipulate Libor resulted in the seizure of Mr. Solow’s $450 million bond portfolio by Citibank. The portfolio was pledged as collateral for Libor denominated loans, the complaint says, and was comprised largely of high-grade municipal bonds. Subsequently, Solow was obligated to pay a $100 million judgment. Read More
The State Appellate Court has thrown out a lawsuit seeking to block the sale of the Domino Sugar factory, paving the way for the real estate firm Two Trees to close on a $180 million acquisition of the property later this month.
The Katan Group, which owns the site in a joint venture with the Community Preservation Corporation Resources, launched the suit during the summer, alleging CPCR had ignored higher bids for the 11-acre parcel and therefore had not acted in the best interest of the partnership to try to maximize profits in a sale. Read More