Pauline Van der Haer Stands Up to City and Asks Court to Remedy Contract Breach
The City of Cincinnati has failed to live up to its binding agreements, according to a lawsuit filed by Pauline Van der Haer, a principal of Inwood Village and Dorian Development. The suit filed today seeks more than $10 million dollars in damages and lost profits.
The site is the former Glencoe Hotel and row houses built in the 1880s, which was to be developed into a $20 million complex that included condominiums. Van der Haer has been in the process of redeveloping the site since 2002. In 2005, city officials pledged $2.6 million for public improvements and other help, then increased that amount to $5.4 million in 2007 but failed to ever release the funds. The site continues to sit undeveloped.
“The last thing I wanted to do was sue our city, but they left me no choice by continually breaching their commitments,” Van der Haer says. “Had this project moved forward as it was agreed to, our city would have already realized millions of dollars in tax revenue and growth.”
Van der Haer added that she believes the city must be held accountable for its failure to make good on agreements. The blatant failure of the city to release the funding set aside for the development has caused the loss of millions of dollars, she says.
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