Sunday, February 07, 2010


Jay-Z is suing a financing firm that he says soaked him for more than a million bucks in a failed hotel deal.

Hov maintains his company borrowed $52 million to build a posh hotel in Chelsea, then abandoned it when the economy tanked.

Highland Capital Management was holding the note and agreed to take over the W. 21st St. property - but took four months to finish the deal.

Every day of delay cost Beyoncé's hubby $20,000.

"Mr. Carter's group failed to repay the loan, which remains in default," a Highland spokesman said, adding the suit's claims are meritless.

1 comment:

Anonymous said...

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