Thursday, May 29, 2008

Annapolis Market House Appeal Dropped

In December of 2007, Market House Ventures, which leases Annapolis Market House, filed a two million dollar suit against Annapolis city, claiming the lease had been breached by a failure on the city's part to install an adequate HVAC system.

On March 17, the city was ordered to temporarily halt collection of rent by an Anne Arundel County Circuit Court judge. The city of Annapolis appealed this decision in Maryland Court of Special Appeals.

Recently, on May 20th, the city of Annapolis dropped this appeal, paving the way to a resolution, a sufficient HVAC system, and a more fully subleased Market House.

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