Comment Policy

All comments to posts have to await approval. Please be aware that, depending on when I'm logged onto the internet, it may take me hours, even longer, to moderate comments, so if they don't turn up in a speedy fashion, they are still in the queue. Comments that cross a line I'm not comfortable with will not get approved. NOTE: Comments reflect the opinions of the person writing them and should not be assumed to reflect the opinion of the blog.

Thursday, July 10, 2014

The Complaint

Not sure if a link to this has been posted on pertinent Facebooks, but here's the complaint against CW (and others) from the property's Junior Lenders.

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=UNTjtbjCpgs6qRmDRA36HQ==&system=prod

7 comments:

Anonymous said...

A bit cowardice not to have an appendix with the names of the people who comprise these holding companies and limited partnerships etc.

People committed these acts - not companies.

Come on, name the people who have been hiding behind these limited partnerships. These aren't shy people, they are bold, brazen, brash. Call them on it.

Anonymous said...

What tenant purchase are they referencing in this complaint? Barely any tenants are planning on purchasing. They need to do a recount on those tenants planning on purchasing because it is next to zero.

Why are tenants included in their complaint at all? We weren't involved in their scheme with Tishman we were victims of the plaintiffs in their Tishman scheme. Now they parade us tenants in their complaint to help them get pity as if they care at all about us. Vulgar.


Anonymous said...

"a tenant led bid" why didn't they call it what it is a Brookfield bid?

Anonymous said...

"What tenant purchase are they referencing in this complaint?"
The tenants bid on the property when MetLife put it up for sale. In case anyone has forgotten, MetLife initially wouldn't let us see the deal book that they were showing the real estate universe, thus trying to keep us out of what was happening.

Anonymous said...

Thanks for posting this link STR.

Yours is the only site giving tenants complete, factual information on the lawsuit and everything PCVST.

Anonymous said...

Centerbridge Partners is leading the lawsuit. Centerbridge Partners is a vulture investment firm that focuses on leveraged buyouts and distressed securities. CWCap told the Courthouse News Service that Centerbridge purchased this position for next to nada AFTER the deed in lieu transaction was completed. Congrats to Centerbridge for being even scumbaggier than CWCap.

Anonymous said...

Both parties are contemptible characters of ill-repute. The Judge should make Centerbridge remove the "tenant-led bid" language and call it what it is a "Brookfield bid" another party of ill-repute. Next thing they are going to ask tenants to rally at the courthouse. This constant misuse and abuse of the tenants is for political photo op rallies and falsely gain court sympathy favoritism is getting transparent. The Judge should call them on this!