Commercial Developers
Lawsuits & Legal Issues
June 8, 2009 - Waterfront Renaissance Associates and World Trade Center, Philadelphia PA
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Builder's ambition hits Philadelphia ceiling The legal battle for a World Trade Center in Old City touches on Council politics and community priorities. |
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April 28, 2009 - Opus West, Phoenix AZ
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Opus West owes more than $160 mil, lenders group says One of the Phoenix area's largest commercial developers is showing signs of financial stress that local experts say is a symptom of widespread economic problems facing the industry this year. |
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Update June 7, 2009 |
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April 22, 2009 - Ross Perot Jr.'s Hillwood development company - Victory Project, Dallas TX
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| Hillwood cedes stake in Victory Park to German investors |  |
April 12, 2009 - CityNorth - Goldwater Institute, Phoenix AZ
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CityNorth legal fight has fallout for business Case could change the way cities, developers make deals |
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| Developer Ken Himmel explains key points about the model for CityNorth, a $1 billion mixed-use development planned for northeast Phoenix, east of Desert Ridge Marketplace. | |
March 25, 2009 - Safari Drive - Vanguard City Home and the Wolff Co Developers, Scottsdale AZ
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Safari Drive Faces Foreclosure in Scottsdale AZ - Mixed Use Project With San Francisco Vibe Fails |
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February 9, 2009 - Anthony Defeo - alleged Indian Casino, St. Clair County MI
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Millions vanish with developer Anthony Defeo Investors sue, feds get involved as $600 million St. Clair County Indian casino plan tanks |
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February 5, 2009 - Arthur Winn - Winn Companies, Boston MA
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Boston developer Arthur Winn said he gave $10,000 to former state senator Dianne Wilkerson in 2004 to help a "close friend" with her tax debts, and not because he wanted her assistance getting public funds for his troubled $810 million Columbus Center project. |
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Update 3/29/09 |
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December 29, 2008 - John Rapanos - U.S. Supreme Court, Washington D.C.
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| A Michigan businessman has agreed to pay a $150,000 civil penalty and complete a 100-acre wetlands mitigation project near Midland as final settlement of a 14-year-old property rights case that went to the U.S. Supreme Court. |  |
December 24, 2008 - CityNorth Project, Phoenix AZ
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| A major economic-development agreement between Phoenix and the CityNorth development has been ruled unconstitutional, meaning the project may not grow into the once-envisioned second downtown on the city's north side. |  |
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Update 1/27/09 Oro Valley Effect Update 2/05/09 Appeal to Arizona Supreme Court |
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December 18, 2008 - Midtown Miami Project, Miami FL
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| Midtown Miami developer faces foreclosure on nearby site |  |
| December 15, 2008 - Biscayne Landing - Boca Developers, Miami FL | |
| The lender on the massive Biscayne Landing commercial project being built on a landfill in North Miami has sued the project principals, claiming default on nearly $190 million. |  |
| December 11, 2008 - Joseph Freed & Associates, Chicago IL | |
| Joseph Freed & Assoc. settled a dispute with lenders on Block 37 over how to pay for cost increases to the new downtown mall, a matter that has slowed construction and led subcontractors to file liens for more than $2.3 million in unpaid bills. |  |
| December 10, 2008 - General Growth Properties, Chicago IL | |
| An internal investigation showed that Mr. Bucksbaum's family trust had violated company policy by making private loans to two company officers and failing to inform the board. The departure of Mr. Bucksbaum -- whose father and uncle founded the giant mall owner 54 years ago -- would mark an end to the family's management control of the company. |  |
| December 2, 2008 - Boston developer Dennis Stackhouse, Miami FL | |
| A Miami-Dade developer was sentenced to 12 months probation for bundling campaign contributions to a county commissioner, a former judge and a candidate for governor. |  |
December 2, 2008 - Merriam Pointe LLC., Merriam MO
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| The developers of a Merriam retail project lost about $4.4 million in incentives tied to not paying about $25,000 in delinquent taxes. |  |
| December 2, 2008 - Rubin Management Company & St. Vincent's Hospital, New York NY | |
Hundreds of city residents mobilized to protest a plan by St. Vincent’s Hospital to replace nine buildings in the Greenwich Village Historic District with a 20-story medical center and condominiums. |
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September 23, 2008 - Dubai UAE
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| Several of Dubai's property and finance companies involved in lawsuits and investigations. |  |