Friday, August 24, 2007

Contractor Sues Owner / Lender Of Broadluxe Development

Yesterday, I took a ride down to NYC on Amtrak. Along the way I started talking with someone from AJ Martini, a big Boston (and now, Miami) construction contractor. We had a very interesting conversation about buildings and architecture. We eventually got around to discussing one of Martini’s (past) projects, Broadluxe.He shared some juicy gossip about Martini suing the project’s lender. I joked that I was going to post a story about it, but would refer to him as "a reliable source, speaking off the record".Guess I didn’t need to bother.Here’s what happened.<[...]

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[Source: The Money Blogs]

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