James Lomma
The case against he owner of the crane that collapsed in 2008 is winding down, the Associated Press reported, as the final prosecutor summations were delivered today. Prosecuters accuse owner James Lomma of being a cold-hearted businessman who greedily commissioned a spotty, cost-saving repair of a crucial component of the crane and hid it from inspectors. [more]
Azure crane collapse
In testimony today in the manslaughter trial of James Lomma, owner of the crane that collapsed in May 2008 during construction of the Azure, deceased construction worker Donald Leo Jr.’s father took the stand, the New York Daily News reported.
Leo held back tears as he recounted his trip uptown to see his son after he was told about the accident, at 333 East 91st Street, at First Avenue, which killed two people. [more]
New York Crane owner James Lomma (credit: Shayna Jacobs for DNAinfo)
The owner of the crane that crashed at the Azure condo in 2008, killing two people, is a cold-hearted businessman more concerned with collecting $50,000 a month in equipment fees than protecting workers, prosecutors said today at the start of his trial.
“They were killed because one man valued his profit over the safety of others,” said Eli Cherkasky, an assistant district attorney, in a packed room inside of Supreme Court in Lower Manhattan. [more]
Pre-trial proceedings in the 2008 Upper East Side crane collapse manslaughter case will be held in open court, the judge has decided, according to the New York Post.
Concerns from prosecutors and victims’ families convinced Manhattan Supreme Court Justice Daniel Conviser to make hearing, crane company owner James Lomma’s hearing, on second-degree manslaughter charges, public, the Post said. The hearing is scheduled for tomorrow at 10 a.m. The collapse at the Azure, at 333 East 91st Street, at First Avenue, involved a crane owned by Lomma’s company, New York Crane and Equipment Corporation.
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From the July issue: A luxury apartment building towering 34 boxy stories above low-rise Yorkville shops, Azure has always been nondescript by design, and yet theatrically imposing in reality.
Launched in 2007, the project was aimed at Manhattan’s growing population of families. Marketing materials emphasized child-oriented neighborhood amenities and focused on the customizable, three-, four- and five-bedroom units on offer. Azure was not meant to excite comment; however, time and again, it has failed.
In May 2008, five months after Azure’s initial sales launch, a 200-foot crane collapsed at the site of the project, killing two construction workers, forcing a temporary shutdown of then-agent Nancy Packes’ marketing efforts, and sealing the building’s fate as headline fodder in the still ongoing legal saga that followed. (Crane owner James Lomma is currently awaiting trial on manslaughter charges after a judge turned down his bid to have the case dismissed.) [more]
The owner of the crane company implicated in the deadly 2008 collapse at the Upper East Side’s Azure is suing the construction company that had rented his crane for $1.1 million in damages, the Post reported. The owner, James Lomma, is currently awaiting trial on manslaughter charges after a judge turned down his bid to get the case dismissed last month. He and mechanic Tibor Varganyi were accused of arranging for a cheap welding job on the 200-foot-tall crane, which failed after a month of use. [more]
For the time being at least, the Azure condominium is staying with Prudential Douglas Elliman rather than following super-broker Ilan Bracha to his new company, Keller Williams New York City.
Bracha, formerly an Elliman agent, has been marketing the 34-story Yorkville tower with his team since March 2010, when he took over for Brown Harris Stevens. (Since the real estate downturn hit, many developers have tried switching brokerages to help boost sales at new condominiums.)
Then, in January, Bracha launched the first Manhattan franchise of Keller Williams, a firm with some 80,000 real estate agents throughout North America. He brought several of his Elliman team members with him. [more]
A judge has upheld manslaughter charges against an owner and a mechanic in connection with a rig collapse at a construction site that killed two workers on the Upper East Side in May 2008, CBS reported. The judge today turned down the defendants’ bid to get the case dismissed and the case is now headed for a trial this spring or summer. Prosecutors said owner James Lomma and mechanic Tibor Varganyi arranged for a cheap welding job on a 200-foot-tall crane at the site of the Azure cond-op at 333 East 91st Street. [more]
HSBC and four other institutions have agreed to convert their $145 million construction loan into a shareholder loan at the Azure, at 333 East 91st Street, a 34-story residential tower which was the site of a fatal crane collapse in 2008. The developers of the Azure, the Mattone Group and the Dematteis Organization, said yesterday that their financing is intact and they are on track to sell the 93 apartments left at the 128-unit building, Crain’s reported. The new shareholder loan will allow the building to continue to operate while the developers sell units. As each unit is sold, the loan is paid down. “A year ago this would have been difficult to achieve,” said Douglas MacLaury, senior vice president at the Mattone Group. “This indicates that credit is beginning to flow back into real estate and is a testimony to the confidence lenders have in the building.” Ilan Bracha’s the Bracha Group at Prudential Douglas Elliman is handling marketing, after replacing Brown Harris Stevens. So far, seven units have closed and nine are scheduled to close shortly. An additional 19 units are under contract. [Crain's]
Prudential Douglas Elliman’s Ilan Bracha and AzureThe Upper East Side luxury cond-op that was the site of a deadly crane collapse in May 2008 has been officially declared effective by the state attorney general, according to [more]
