$54 Million Fight Over Vacant Superman Building Is Settled

The Bank of America Building, center, also known as the Superman building, stands among other buildings in downtown Providence, R.I. in 2013.

Photographer: Steven Senne/AP Photo
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Providence, R.I. (AP) -- A $54 million lawsuit over the state's tallest building, called the Superman Building, has been settled just before a trial was scheduled to begin in federal court.

The owner of the Providence skyscraper had sued its former tenant, Bank of America, saying the bank allowed it to fall into disrepair. The Charlotte, North Carolina-based bank had countersued, arguing it spent millions of dollars on maintenance before it moved out four years ago.