Exactly two years after a deadly fire broke out at the Deutsche Bank
building in Lower Manhattan a demolition contractor charged with
manslaughter in the blaze has sued to foreclose on nearly $20 million
in mechanic’s liens on the building. The Bronx-based John Galt Corporation, along with two affiliated firms, filed the foreclosure suit in New York State Supreme Court Tuesday against
the property’s owner, the city-state agency Lower Manhattan Development
Corporation; the demolition construction manager Bovis Lend Lease LMB
and other entities. Galt is seeking payment of $19.6 million allegedly remaining unpaid
from a total of $73.7 million earned from the decontamination and
deconstruction work at the bank building at 130 Liberty Street. [more]