Library Battles Condo Over ‘Inconvenience Fee’: Who’s Right? (NY)

The New York Public Library is undertaking a substantial renovation at its Mid-Manhattan branch on Fifth Avenue, to the tune of some $200 million. As the New York Daily News reported, the library closed on August 1 for a project that will last three years and involve scaffolding that occupies a small park separating the library from the ritzy Fifth Avenue Tower condominium.  And now it has led to a legal fight between the condo and the library, The Fifth Avenue Tower condo board has reportedly impeded the library from beginning the renovations via the board’s attempt to legally require the library to pay a $15,000 inconvenience fee each month, as well as a “substantial” penalty should the project last longer than 27 months. The board also aims to “force the library to take out a $20 million insurance policy in the condo board’s name.”    Read the article…………….

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