Manhattan-based GAIA Real Estate has sued South End developer Building and Land Technology, the city of Stamford and multiple other entities over their handling of the Lofts at Yale & Towne. GAIA bought the factory-turned-apartment building around October 2016 from BLT. Loft residents were forced to move out by the end of July 2021 after property owners reported numerous structural faults. The lawsuit goes in depth on what exactly the underlying deficiencies are. In doing so, GAIA’s lawyers pin the blame on BLT and its associates, primarily, for alleged negligence in how it developed, maintained and sold the complex to them. The firm alleges that BLT and its associates knew of the deteriorating subsurface conditions. Additionally, the company is suing the city of Stamford for negligence, which it says has resulted in further damages.
https://www.stamfordadvocate.com/local/article/stamford-blt-lofts-at-yale-towne-unsafe-17802105.php?src=sthpdesecp