April 10, 2023
A New York federal judge said Monday that insurers for a Manhattan boutique hotel and the bank holding its mortgage would face trial in a more than $1.4 million dispute after the hotel said its contract to house people experiencing homelessness led to extensive damage.
January 09, 2023
A Manhattan boutique hotel said its insurers cannot use a wear-and-tear exclusion in its property insurance policy to escape covering more than $1.4 million in damages the hotel sustained, as the damages were a result of the hotel's participation in a contract with the city to house homeless people.
October 27, 2021
A New York City boutique hotel has hit its insurers with a federal lawsuit demanding they cover more than $1 million in property damage that the hotel sustained after contracting with the city to lodge homeless families, saying its policy promises to pay for direct physical losses.