A Brooklyn dealmaker’s legal avalanche 
Brooklyn dealmaker Bert I. Dweck is staring down a legal avalanche that reads less like a routine business dispute and more like a slow-motion collapse. Dweck, of Dweck Group, faces seven lawsuits in New York state court seeking at least $14.4 million over allegations that include unpaid loans, diverted escrow funds and checks tied to frozen or nonexistent accounts. The complaints sketch out a network of investors and lenders who claim they kept wiring money into deals. According to multiple lawsuits, Dweck allegedly pitched acquisitions, collected deposits or partnership capital and then failed to close deals or return funds. In […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

“Freak accident”: Pfizer building developer denies risk of
collapse

Deal Diary: The $80K Deal That Turned Into a 24-Unit
Building

Policy Pro: HPD floats 421a rule change to keep more
projects alive

Meet the developers behind the Pfizer building
conversion

NYCHA plumber’s $465K payday sparks probe into outside
work

Michael Shabsels lists Westhampton home for $75K a
month

Buckling ex-Pfizer HQ hit with multiple DOB violations last
year

Namdar Group grabs additional financing in Jersey
City

Prana Investments’ NYC multifamily portfolio faces 14
foreclosure lawsuits

Vacant rent-stabilized apartment rate climbs despite
persistent housing shortage


