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Libeskind sues Silverstein over $800,000 'genius fee'.


Just a week after ground was broken for the Freedom Tower, Daniel Libeskind Daniel Libeskind, (born May 12, 1946 in Łódź, Poland) is a Polish-born Jewish American architect, who has designed many prominent and celebrated buildings, including the Jewish Museum in Berlin, Germany, the Denver Art Museum in the United States, the Imperial War Museum , the chief architect for the project, has filed a lawsuit against developer Larry Silverstein Larry A. Silverstein (born 1932 in Bedford-Stuyvesant in Brooklyn, New York) is an American billionaire real estate investor and operator and the head of Silverstein Properties, a real estate development group. .

Libeskind, who won an international competition to become the designer for the centerpiece of the World Trade Center and has received $2.25 million from New York's government for his work, is seeking an $843,750 design fee from Silverstein.

Things have been strained between the two for at least a year, since Larry Silverstein expressed concern about Libeskind's lack of experience in designing office buildings and brought his own architect, David Childs David M. Childs (born 1941 Princeton, New Jersey) is the Consulting Design Partner at Skidmore, Owings & Merrill who has projects all over the world and now is designing the Freedom Tower in New York. , of Skidmore, Owings & Merrill, to oversee the project.

Now, Libeskind is claiming Silverstein owes him money for collaborating with Childs.

It has been reported that Silverstein offered the architect $125,000 as a 'peace deal' and has suggested bringing in an outside mediator to resolve the dispute. But last week, the people at Silverstein Properties did not sound amused a·muse  
tr.v. a·mused, a·mus·ing, a·mus·es
1. To occupy in an agreeable, pleasing, or entertaining fashion.

2.
 as they prepared to fight yet another lawsuit, in addition to their battle with the World Trade Center insurers over whether the terror attacks terror attack natentado (terrorista)

terror attack nattentato terroristico 
 constituted two events or one.

"It has always been our desire to avoid a senseless courtroom fight," said an official statement from the company. "That being said, we fully expect to prevail. Daniel Libeskind has already been paid many millions of dollars for his work by the LMDC LMDC Lower Manhattan Development Corporation (New York City, NY, USA)
LMDC Lake Merritt Dance Center (Oakland, California)
LMDC Logistics Management Development Course
LMDC Laser Motion & Development Company
 and the Port Authority and is unable to provide any industry standards timesheets or other documentation that would justify an additional payment of more than $800,000."

Libeskind's lawsuit comes at a time when Silverstein is already pressed for money, having lost the first round in his battle with the insurers and secured only $3.5 billion for a rebuilding project estimated to cost at least $7 billion.
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Article Details
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Author:Misonzhnik, Elaine
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 21, 2004
Words:299
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