Residents of the 75 Wall Street condo have initiated a lawsuit against the Hyatt Centric Wall Street Hotel, alleging it owes close to $490,000 in unpaid common and utility charges. The lawsuit suggests the hotel, owned by Navika Capital, has not fulfilled financial obligations since early 2023 and claims inaction from the master board of the property, which is a mix of residential and commercial members, has further complicated the financial troubles faced by condominium members. They assert that this situation has hindered their ability to pay essential bills and maintain vendor relationships.
The condo board at 75 Wall Street has filed a lawsuit against the Hyatt Centric Wall Street Hotel, claiming nearly $490,000 in unpaid charges and ongoing negligence.
The condo members at 75 Wall Street allege that the hotelâs nonpayment has severely affected their financial stability, leading to difficulties in meeting service and utility payments.
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