The Chinese developer behind Williamsburg’s Oosten condominium is on the hook for more than $250,000 in common charges, according to a new report.
That puts the board’s finances in a tough spot, the New York Post reported. The board’s attorney, Adam Leitman Bailey, filed liens against 43 of the units for unpaid charges from October 2018 through Jan. 1, totaling nearly $253,000.
The move adds to existing legal conflicts XIN Development, the U.S. arm of Xinyuan Real Estate, is facing at the project. Last year, Halstead Property Development Marketing sued the developer, alleging it was owed nearly $1.3 million after getting terminated from the project. According to the lawsuit, Halstead was hired by Xinyuan in 2013 and last year, amid a shakeup of the developer s New York team, was terminated without cause.
In 2017, the company dismantled the team running its U.S. development arm. Following the departure of several key executives, XIN has turned over the management of three New York City projects to Kuafu Properties, a four-yea新爱上海同城对对碰论坛