Developer Kent Swig has been named in another batch of lawsuits, according to the Observer, from TPG Architecture and M.D. Mechanical Contractors, for $98,500.39 and $109,364, respectively. Both suits, which were filed in late January, but came to light today, allege unpaid bills for work on his would-be new offices at 770 Lexington Avenue. This news comes on the heels of a rumored rift between Swig and his wife, Liz Macklowe, daughter of developer Harry Macklowe. Swig, whose fiscal problems came to a head through the tumultuous Sheffield57 conversion, defaulted on millions of dollars worth of mortgage and mezzanine loans relating to that project.
Swig hit with more lawsuits
March 02, 2010 12:24PM
