W Downtown developers face lawsuit from neighboring condo

New York /
Dec.December 03, 2010 06:01 PM

The W Downtown Hotel & Residences at 123 Washington Street is facing a $1.6 million lawsuit in New York State Supreme Court from a next-door condominium that the new hotel is located dangerously close to the older building’s chimney and ventilation systems.

The Moinian Group, which developed the W, and Starwood Hotels and Resorts, which manages the property, were named in the lawsuit filed Nov. 9 by 120 Greenwich Place, which claim the W New York Downtown is blocking proper ventilation of the older building’s heating and boiler systems and threatened the older property with rusted nails, falling concrete and other hazards.

Lawyers for Moinian deny the allegations, said they plan to vigorously defend against the suit and claim that the Department of Buildings holds 120 Greenwich responsible for the problem.

“The Moinian Group, as required by law, offered to relocate the flue exhaust for the benefit of the 120 Greenwich Place condominium,” Harry Driezen, general counsel and executive vice president of the Moinian Group, said in an e-mailed statement. “This offer was refused by 120 Greenwich, which demanded a payment of money on top of the relocation of the flue.”

Jeff Schwartz, attorney for 120 Greenwich, said that Moinian “pulled the plug” on an agreement to pay 120 Greenwich under a settlement deal during the summer.

Starwood officials were not immediately available for comment. Department of Buildings officials said they were looking into the matter, but did not return with a comment.


Related Articles

arrow_forward_ios
99 Washington Street (Google Maps, Getty)
Distressed FiDi Holiday Inn greenlit for migrant shelter
Distressed FiDi Holiday Inn greenlit for migrant shelter
From left: Värde Partners’ IIfryn Carstairs and Hawkins Way Capital’s Ross Walker along with 525 Lexington (Getty, Värde Partners, Hawkins Way Capital, Google Maps)
Hawkins Way, Värde buy defunct Marriott East Side hotel
Hawkins Way, Värde buy defunct Marriott East Side hotel
Atlas Hospitality Brokerage president Alan Reay (Atlas Hospitality Brokerage)
Listen: Inside the looming distress across the hotel market
Listen: Inside the looming distress across the hotel market
Bob Ghassemieh, Ignazio and Maggio Cipriani, Mr. C Seaport at 33 Peck Slip (Getty, Mr. C Residences, Google Maps, Bob Ghassemieh)
Mr. C Seaport hotel sold to South Korean operator for $60M
Mr. C Seaport hotel sold to South Korean operator for $60M
Hotel at Times Square heads to auction
Hotel at Times Square heads to auction
Hotel at Times Square heads to auction
From left: Quadrum Development's Oleg Pavlov, Toby Moskovits, and Heritage Equity Partners' Michael Lichtenstein with the  96 Wythe Ave (Williamsburg Hotel, Getty)
UK firm to buy Moskovits, Lichtenstein’s Williamsburg Hotel for $96M
UK firm to buy Moskovits, Lichtenstein’s Williamsburg Hotel for $96M
The Moinian Group’s Joseph Moinian with 37-10 and 37-20 114th Street
Moinian sells dev site near LaGuardia for $50M
Moinian sells dev site near LaGuardia for $50M
From left: Vornado’s Steve Roth and Andrew Penson with 1601 Broadway
Crowne Plaza Times Square Hotel owners file for bankruptcy
Crowne Plaza Times Square Hotel owners file for bankruptcy
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...