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Through a separate lending group, the project had 130 million to continue construction while the lawsuit proceeded. However, the second group partially pulled its financing in late April 2009, after the first group rescinded its loan on the project. Work was reduced to skeleton crews, and construction proceeded at a slower pace. In May 2009, Fontainebleau filed an amendment to its lawsuit, stating that Deutsche Bank, part of the main banking group, had a conflict of interest. The bank had an ownership stake in the upcoming Cosmopolitan resort, also under construction on the Las Vegas Strip. Deutsche Bank was accused of “seeking to destroy the Fontainebleau in order to minimize competition” for the Cosmopolitan.
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The last time I heard Bratton weigh in on Times Square was during the desnudas controversy, speaking as Mayor Bill de Blasio’s police commissioner. In a radio interview, Bratton argued that the way to remove the painted ladies and other street performers was to get rid of the pedestrianized stretch of Broadway. “I’d prefer to just dig the whole damn thing up and put it back the way it was,” Bratton remarked.
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