Mosler Lofts Getting Soaked in Legal Disputes
July 9, 2008 by James
Filed under JE Dunn NW, Mosler Lofts, Schuster Group
A puddle of lawsuits have been reported in the P.I. since we last posted about the $6.7 million lein on Mosler Lofts last week. A battle between who’s responsible has erupted between JE Dunn and the Schuster Group. The Schuster Group has responded to JE Dunn claiming that they (Dunn) were in breach of contract for substantial and costly delays.
Additionally, more liens on the property have flowed over to subcontractors and suppliers.
In its lawsuit, Belltown Development Partners says it paid JE Dunn for subcontractors’ work and materials suppliers furnished, but Dunn did not pass on the money.
If that wasn’t enough, another lawsuit filed in December is asking the developer for a minimum of $325,000 to repair damages to the Kroll’s Map Co.–Mosler Lofts neighbor. The claim is asking to compensate Kroll’s for lost business and physical damages from not properly protecting the building during construction.
Unfortunately, it doesn’t look like anyone will be swimming out of this one anytime soon.
So I guess this isn’t a good time to buy at Mosler huh! Wonder what happens to the people who already bought condos and are living there, will they have to get involved in this legal mess?
Well, I would not buy anything from the Schuster Group. I have had the unfortunate experience of dealing with the employees and the owner of the company and all I can say is, these people are liars, cheats, and stealers. They are horrible people morally and ethically and they would probably screw their mothers to make a buck. I’m sure they deserve the bad press they get and there will probably be more.
I respect and admire the people behind the Mosler Lofts – it’s unfortunate that JE Dunn doesn’t want to resolve this as I know the people at the Schuster group are morally and ethically true to their product and the residents.
Good to hear that ALL LIENS at Mosler are now lifted. Cool building—-lien free!