Classic Tribecan obstructionist lawsuit

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140 FranklinJanuary 10, 2014- The Real Deal blog reports that wealthy apartment owners living in the 140 Franklin Street building are suing to block plans of a Crunch gym coming to their lobby, “Some of the residents who own multi-million dollar condominium units at 140 Franklin Street in Tribeca are steamed over a proposal to lease a large ground-floor and lower level space to the gym Crunch, a new lawsuit filed late yesterday says….The thirteen apartment owners include high-profile executives such as J. Crew CEO Mickey Drexler, who bought a combined fifth-floor unit for $14.3 million in 2012, city records show.”

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