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William Vitacco Associates' failures “caused extensive and widespread delays to the project,” the complaint states, “and has prevented timely completion of the project.”
“We are creating a community within a community,” MacQuesten CEO Rella Fogliano said, with “income diversity within one building.”
Investors claim that D’Alessio and his enterprises have carried out a “massive scheme” to defraud them.
Investors demand right of inspection to condominium projects affiliated with Michael Paul Enterprises, alleging possible commingling of funds.
The façade is a quilt of yellow, orange, red, pink, violet and blue concrete panels.
Company president Rella Fogliano said she was “thrilled beyond belief” to have the opportunity to change the city’s skyline.
What differentiated them was timing and certainty.