Margaritaville CEO John Cohlan discusses why his company chose to open a location in Times Square, New York City.
Soho Properties CEO Sharif El-Gamal, as well as Flintlock Construction Services founders Andrew and Stephen Weiss, were hit Tuesday with a nearly $86 million legal action in connection to the loan the Margaritaville Resort Times Square Hotel owner defaulted on and the bankruptcy filing, according to Crain’s New York Business. That lawsuit reportedly came from Arden Group and Corten Real Estate Partners.
FOX Business reached out to Soho Properties and the Weisses for comment on Tuesday lawsuit. Arden Group and Corten Real Estate Partners declined to comment.