The Traderszone Network

Published in TZ Latest News 16 February, 2017 by The TZ Newswire Staff

Condo board sues VE Equities, Elliman over alleged defects at 250 Bowery

The condominium board at 250 Bowery filed a lawsuit against developer VE Equities, Morris Adjmi Architects and Douglas Elliman for allegedly selling them shoddy apartments. In a complaint filed with New York State Supreme Court Thursday, the board alleges that the 24-unit Lower East Side building’s water pipes weren’t properly insulated, leading one of them to burst in February 2016 and flooding several units.

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