Posted Feb 13, 2015, 9:06 PM
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Greetings from New Jersey
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Join Date: Mar 2009
Location: North Jersey
Posts: 3,283
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Quote:
Facing nearly $4 million in liens, hotel project stalls
Elizabeth Kim
Updated 9:46 pm, Wednesday, February 11, 2015
STAMFORD -- Amid a building boom downtown, Seaboard Properties quickly became one of the most talked-about developers in the city. Over the last several years, the real estate company, led by its CEO and founder, John DiMenna, has snapped up key properties like Park Square West, an apartment complex on Summer Street, 1 Atlantic Street, a boutique historic office building, and the Courtyard Marriott.
But now the developer is attracting attention of a different kind.
Around December, work at Seaboard's seven-story hotel project on Atlantic Street stopped. According to the city's land-use records, the property owner, under the name of Seaboard Hotels Lts Associates LLC, has racked up nearly $3.9 million in liens from unpaid contractors, beginning in November.
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http://www.stamfordadvocate.com/loca...ct-6076138.php
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