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
From left: Jed Wilder, Bess Freedman, Richard Grossman, Josh Sarnell and Adam Mahfouda (Credit: Emily Assiran) 

Agents to StreetEasy: The fees are too damn high

40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago

Daily Digest Thursday

Worker killed at Lam Group construction site, Uber signs WTC lease: Daily digest

arrow_forward_ios