More than half of the owners at a Long Island City condo conversion known as Arris Lofts are suing developer Andalex Group and other associated parties. They are seeking $20 million in damages for alleged negligence, and professional malpractice, which includes misappropriated funds, breaches of warranty and other things.
Arris Lofts, the former Eagle Electric Building, is located in what used to be a gritty industrial Queens neighborhood. The attorney representing the 120 apartment owners involved in the lawsuit, Steven Sladkus of Wolf Haldenstein Adler Freeman & Herz, said he is finalizing a formal complaint outlining all the allegations and the defendants will be served in the coming weeks.
Calls to Andalex Group and their attorney, James Hausman of Meister Seelig & Fein, were not returned.