Gee Whiz, Not Even Foreclosure Can Stop a TCO - More 45 John Antics

Boy were we surprised today that despite a $51 million foreclosure lawsuit that surprises no one , FiDi building 45 John still managed to squeak in a TCO right under the July 1, 2009 deadline given to buyers. According to the document, floors 4 - 10 (a total of 49 units) are now certified for occupancy.

We're not really sure how that's possible given that the building is covered in more brown paper than your Macy's gifts during the holidays and the lobby consists of wood, exposed wires and a bored looking security guard off of the super gross Dutch Street. But hey, what do we know? Guess those buyers are going to have a touch more of an uphill battle in getting those deposits back than originally thought.

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Interested in more Financial District new construction coverage? Check out our posts on 20 Pine.