Construction company claims it was wrongfully fired from Fortis’ LICH project

ICS Builders is seeking at least $3.4M

TRD NEW YORK /
Aug.August 30, 2018 05:01 PM

Fortis Property Group’s Jonathan Landau and 350 Henry Street (Credit: Google Maps)

The general contractor working on the conversion of part of the Long Island College Hospital is suing Fortis Property Group, claiming it was wrongfully fired this month.

ICS Builders filed a lawsuit against Fortis, alleging that the firm terminated it from 350 Henry Street in Cobble Hill without cause, Crain’s reported. The construction company also claims that Fortis is trying to cash in on a performance bond — a guarantee that a contractor will complete a project — which would hurt the contractor’s reputation and credit rating, according to the lawsuit.

While Fortis claims that ICS didn’t stick to the construction schedule and failed to provide enough skilled workers for the site, ICS blames the developer, the project’s architect, BKSK, and various subcontractors for deficient plans and unforeseen site conditions.

ICS is seeking at least $3.4 million from Fortis and is asking the judge to block the developer from kicking it off the site.

Fortis purchased the LICH site in 2015 for $240 million. The developer is converting the landmarked Polhemus Building at 350 Henry Street, also known as 100 Amity Street, into a 17-unit condo building. It has a projected sellout of $67.4 million[Crain’s] Kathryn Brenzel


Related Articles

arrow_forward_ios
Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard 

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone

From left: 515 Park Avennue, Soori High Line, One Beacon Court, 53 East 67th Street and 15 Hudson Yards (Photos via Douglas Elliman, Compass, StreetEasy, Hudson Yards, Apartments)

Priciest homes to hit market include an UES building prime for mansion conversion

166 E. 81st St. (Credit: Google Maps, iStock)

UES townhouse once described as “infested with vermin” goes into contract

Marie-Chantal Miller, the Crown Princess of Greece, and her husband Pavlos, the Crown Prince with 385 Great Plains Rd, Southampton, NY  (Credit: Getty Images)

Royal couple buys sprawling Southampton mansion

arrow_forward_ios
Loading...