Croman sues lender to stop auction of his UES mansion
Steve Croman is at risk of losing his home, but not without putting up a fight first. Croman, a now-notorious landlord, allegedly defaulted on a $31 million loan connected to the Upper East Side house he shares with his wife and son. Now, the lender is trying to sell off equity interests in the property later this month, while Croman is arguing the process has gone awry. It’s the latest skirmish in Croman’s legal battle with lenders, who are together trying to foreclose on more than $231 million in loan principal. In the background is his fight with his father, […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Deals, debt and Epstein’s ties to the industry

The Daily Dirt: A tax exemption for rent-stabilized
portfolios hasn’t been so helpful

Maimonides Medical Center sells for $151.9 million.

We Buy Houses Bowie, MD: Top 5 Companies

What Does It Mean When the Appraisal Comes in Higher Than
Your Offer?

How to Pack for a Move In a Month: Your Room-by-Room
Plan

How to Pack for a Move In a Hurry: A Fast Track to
Success

Rent Spikes are a Thing of the Past—But Investors Can Look
Forward to a Stable Multifamily Market Instead

Why Investors Are Feeling Increasingly Positive About the
Multifamily Market

A New Fed Chairman is Coming Soon—Here’s What Their
Potential Low-Rate Policy Will Mean For Investors


