First, I should note that this property is not currently listed for sale. I represented the buyer of that property last year.
The pending litigation involves a construction defect claim by the HOA against the builder, and stems from a water-intrusion issue that affects some units on the top floor. After a couple of years of mediation, the HOA filed suit on December 30, 2008 in order to bring in all subcontractors on the project.
If you would like more information about this complex or the litigation, please feel free to contact me directly.
Cameron Platt, JD, CRS
Platt Inc. Real Estate