Dynamic Star files second bankruptcy for Fordham Landing megaproject
Igal Namdar, Gary Segal and Brad Zackson are locked in a fight for control of a megaproject that was set to bring 5,000 affordable housing units to the Bronx. Dynamic Star’s Segal and Zackson have squared off with Namdar, with Segal accusing the investor of “brazen acts of treachery” in seeking to push out the partners by acquiring a defaulted loan and attempting to foreclose on the property. Now, Segal filed a new bankruptcy to keep the reins on the highly ambitious, but yet to be realized, project. Segal recently put entities controlling Fordham Landing’s two phases into bankruptcy, halting […]
This article originally appeared on The Real Deal. Click here to read the full story.
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