![]() ![]() The Mercer - which has drawn the likes of Marc Jacobs, Leonardo DiCaprio and Russell Crowe (who, while staying in a $3,000-a-night suite in 2005, infamously threw a phone at a front-desk employee) - is a landmark six-story SoHo building, developed for John Jacob Astor II. ![]() ![]() “Balazs’ willful, intentional disregard of his duties and apparent misappropriation of assets have, among other things, crippled the manager’s ability to properly manage, caused reputational harm, and resulted in third-party litigation and significant monetary losses,” the complaint reads. The filing also discloses that Balazs’ partners had sought to terminate him as managing director of the hotel over “ongoing and gross misconduct” as early as November 2019, but that he refused to step down. His colleagues claim in a new lawsuit, filed on April 9 in New York, that he needs to be removed due to his financial mismanagement of the property, failure to address myriad staffing issues and the fallout over recent revelations regarding his stewardship of L.A.’s Chateau Marmont. Embattled hotelier Andre Balazs’ partners in Manhattan’s Mercer - a key crossroads for the fashion and entertainment crowd - are attempting to kick him out of their business.
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