Ritz-Carlton Residences developer says construction's a go - Baltimore Business Journal:

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Jack Cayre, senior vice president of , said Tuesdaty that the City Planning Commission's Oct. 6 approvapl of the final projectr design will allowthe $250 million development to "What this enables us to do is pull our buildinvg permits,'' Cayre said. Construction on the 180 units is expectesd to be completedin 2007. Pricews on those units range from $1 million to $5 Cayre dismissed any questions that pendinfg litigation with former business partner and Baltimore developerEdward V. Giannasca II related to the project woulcdelay construction. "The lawsuit is really irrelevant,'' Cayree said. "All of the allegations in we think, lack merit.
'' In Midtown Equities, which is the parentt of Midtown Baltimore, filed a lawsuit against Giannasca and his companiees for breach of contractand fraud. A montnh later, Giannasca fired back with a counterclaimn against Cayre and Daniel Pfeffed of Midtownfor fraud, breach of invasion of privacy and civil