It is a luxury office building in New York that promises its tenants “zero compromise” when it comes to quality. But for the owners of the Hell’s Kitchen building at 787 11th Avenue, including basketball star LeBron James and movie star turned politician Arnold Schwarzenegger, the project has proven a troubled one at times. This is despite having blue-chip tenants like Pershing Square Capital Management, founded by billionaire Bill Ackman who is also an investor in the building. Near the centre of these difficulties is JT Magen, one of the biggest construction companies in the United States, which was founded…
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