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Tue November 12, 2013
"Superman" Building At The Center Of Lawsuit
A court case beginning this week could impact the future of Rhode Island’s tallest building, known as the Superman Building.
The building’s new owner claims it was left in deplorable condition by longtime occupant Bank of America.
Massachusetts developer High Rock, which owns the so-called Superman Building in Downtown Providence, is suing Bank of America for more than 23 million.
High Rock claims that the former tenant left the 26 story building so neglected that it is un-rentable without costly repairs.
High Rock unsuccessfully sought 39 million from the state to redevelop the building.
Bank of America has counter sued High Rock.
That case is scheduled to start on Thursday.
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Scott MacKay Commentary