ARE-East River Science Park, LLC v. New York City Health and Hospitals Corporation et al
Case Number:
1:24-cv-05956
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December 13, 2024
NYC Hospital System Wants Out Of REIT's $50M Campus Suit
The New York City Health and Hospitals Corp. and the New York City Economic Development Corp. asked a New York federal court Friday to dismiss a $50 million suit that accused them of being misleading when it came to the development of a floodwall that's supposed to be part of a commercial life sciences campus project.
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August 08, 2024
REIT Files $50M Suit Over Delayed NYC Life Sciences Campus
A real estate investment trust's subsidiary told a New York federal court that a public hospital system misled it about progress on a planned floodwall along the East River, in turn significantly delaying the REIT's construction of a life sciences campus tower.