The writing’s been on the wall for a while now, but today it’s official: Forest City has sued Headington Companies. 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.
The video above, prepared by Forest City’s team, shows their reasoning behind the lawsuit and the possible impact of the new building.
You can read the lawsuit here.
UPDATE 4:40 p.m.: Headington’s people respond.
“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.”Full Story