D’s Krista Nightengale has the scoop over at FrontBurner.
The writing’s been on the wall for a while now, but today it’s official: Forest City has sued Headington Cos. As I told you a couple weeks ago, the new Forty Five Ten will be very close to its neighbor, the Wilson Building (where I live). The new building’s height and proximity will block the windows in eight of the units facing west.
Both companies have spent a lot of money and a lot of time developing the core of the city (Headington with his work along Main; Forest City with its residential buildings). I guess it was only a matter of time until the two giants clashed.
Head over to Krista’s story to see a video that Forest City created to make its case. There’s also a copy of the lawsuit that was filed.
UPDATE: Later in the afternoon, Headington Cos. responded:
“Our client believes the lawsuit grossly mischaracterizes the facts related to this project,” says William A. Brewer III, partner at Brewer, Attorneys & Counselors and lead counsel for Headington. “The project, which has enjoyed widespread support from many city leaders and community stakeholders, brings a significant new business to the downtown district.”
Brewer continued, “Although our client has attempted to work cooperatively with Forest City, they have rebuffed those efforts and instead chosen to file a lawsuit which we believe lacks merit. We believe the release by Forest City of a professional video in conjunction with the filing of the lawsuit should be viewed as what it is – a desperate attempt to disparage Headington and to extract value to which Forest City is not entitled.”
