Wednesday, October 30, 2019

Alexander Brown owners allege restaurant renovation was 'grossly over budget'

The owners of the Alexander Brown Restaurant in downtown Baltimore are pushing back against claims that they did not adequately pay the project’s developer. In their response to a mechanic’s lien filed by Metropolitan Partnership this summer, Brown Realty LLC and Brown Exchange Joint Venture LLC say the developer breached its contract by “grossly understating the anticipated cost of the project, failing to prepare an accurate budget and misrepresenting the anticipated project costs.” The counterclaim,…



from https://www.bizjournals.com/baltimore/news/2019/10/30/alexander-brown-owners-allege-restaurant.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/188698824512

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