Cicada tan5/30/2023 ![]() However, The L Group claimed Tan fraudulently disclosed this information to others and entered into an agreement with an unnamed third party to sell them the land instead. The suit claimed that on the same day, Tan entered into an agreement with them to jointly develop the property.Īs part of the agreement, The L Group said they provided Tan with confidential financial analysis of the proposed development, renderings, and other investment information about the deal. ![]() Last year, developer Lance Lucarelli and Bayonne-based The L Group filed a lawsuit against Tan that alleged he agreed to sell them the land on which the Golden Cicada sits back in August 2016 via a Letter of Intent. Those worried about the future for one of Jersey City’s favorite dive bars can breathe a little easier, as a legal action taken against Golden Cicada owner Cheng Tan has officially been dismissed. ![]() The Golden Cicada, 195 Grand Street, Jersey City. ![]()
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