Suit: Bank of America neglected RI skyscraper

Print
Email
|

Associated Press

Posted on November 11, 2013 at 12:01 PM

Updated Monday, Nov 11 at 12:02 PM

PROVIDENCE, R.I. (AP) — The owner of Rhode Island's tallest building is suing Bank of America for more than $23 million, saying it neglected the Art Deco-style skyscraper known as the Superman building.

A lawsuit by Newton, Mass.-based developer High Rock says Bank of America breached its lease by failing to adequately maintain the 26-story building. The suit says the bank left crumbling facades and other problems when it left it vacant this year.

Bank of America denies it and has countersued.

The building is the distinguishing feature on the Providence skyline and had been used as a bank since it opened in the 1920s. Locals think it resembles the offices of the fictional Daily Planet.

The lawsuit was filed in July and is scheduled for a hearing Thursday.

Print
Email
|