Tribeca Film Fest Sues Developer For $100M Over Pier 57

Law360, Los Angeles (October 21, 2013, 10:56 PM ET) -- The group that runs the Tribeca Film Festival has lodged a $100 million suit against the developer it partnered with on a project to revamp New York’s Pier 57, saying in New York court Monday that the developer reneged on a deal to let Tribeca name the pier.

Young Woo & Associates LLC promised Tribeca Enterprises LLC the naming rights to the pier project, plus $5 million in rooftop improvements and the rights to choose sponsorships and have unlimited access with free rent to the facility’s...
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