August Heckscher suing for ten million, charging unfair competition & coercion in obtaining tenants.
Unable to obtain corporate tenants or construction loans for the building, Mr. Silverstein insisted last year that the Port Authority should finance at least two of the towers.
Unable to obtain corporate tenants (the city and Port Authority have agreed to rent space in one of the buildings) or construction loans, Mr. Silverstein insisted last year that the Port Authority, which owns the site, finance at least two of the towers.
"The writer should call the broker and ask for the promised information," he said, adding that the writer can also obtain the tenant's credit reports and criminal records.
"If the tenant unreasonably refuses to obtain a renter's card, the landlord would probably be justified in both suspecting the tenant's sincerity, and acting upon that suspicion," Mr. Richiusa writes in the patent.
Regulations will also be introduced to allow housing fraud investigators to obtain information about tenants and occupiers from third parties such as utility suppliers.
To obtain insurance, the tenant has to pass various checks and be in regular employment.
But first he must secure enough retail tenants to obtain two much larger loans.
Most landlords require tenants to obtain letters of recommendation from their last two landlords and neighbors.
With the credit market virtually shut down in the recession, Mr. Silverstein was unable to obtain financing or corporate tenants.
