Chapter 7: Above the Fold
SURPRISE COLONYSCAPE
DEATH SETTLEMENT REACHED
The estate of the man who died in the mid-September crane collapse at ColonyScape Luxury Townhomes will receive an undisclosed settlement, it was revealed today by those familiar with the out-of-court agreement.
Insiders indicate that the compensation could exceed $20 million.
Four separate insurance companies, none locally based, are involved.
News of the swift settlement will not bring a close to many of the lingering legal issues surrounding the most infamous industrial accident to ever occur in the city.
On September 16, the boom extension of a stationary crane used in demolition at 1621 Wooster Avenue suddenly gave way, initiating a chain reaction collapse of the empty ten-story building.
A parked car, occ
