Opal Holdings hit with $10M suit over construction damage

The developer is building a 15-story project in East Village

Jan.January 30, 2019 11:00 AM

642 and 644 East 14th Street (Credit: Google Maps and Pixabay)

Second Avenue Deli owner Jeremy Lebewohl has filed a lawsuit for $10 million saying that his residential building in the East Village has been damaged by work on a nearby development.

He says in the suit that the work Opal Holdings is doing on its mixed-use project at 644 East 14th Street has led to cracks in the walls and inoperable metal doors in his building at 642 East 14th Street, according to Commercial Observer.

Rabsky Group bought the neighboring property at 644 East 14th Street for $15 million in 2014 and sold it to Opal in 2016 for $23 million. Opal is planning a 15-story, 50-unit mixed-use building on the site.

The suit says Opal tried to cut costs on the project by driving piles for the foundation too close to Lebewohl’s building, which led to the damages.

Lebewohl is also asking for Opal to stop construction until repairs and a risk assessment are complete at his building. [CO] – Eddie Small

Related Articles

Paul Capurso (Credit: Facebook)

NYC carpenters union elects new president following 2 resignations

From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

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