BroadRange Logistics sued for tenant improvement fraud scheme
The owner of a Pennsylvania warehouse sued BroadRange Logistics, alleging the firm engaged in a scheme to defraud the property owner out of millions of dollars in tenant improvement funds. KSG, the owner of a 600,000-square-foot warehouse in Mount Pocono, Pennsylvania, alleges it entered into a 20-year lease with BroadRange Logistics and agreed to provide $11 million in tenant improvement allowance. But the property owner, an entity led by Brooklyn-based Leah Weiss, alleges BroadRange never intended to make improvements and stopped paying rent. The owner filed a lawsuit in New York state court in May seeking to collect on the […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
What To Expect from the Housing Market in the Second Half of
2026
Student Loans Are Back in the News. Don't Let It Put Your
Homeownership Plans on Hold.
What Buying or Selling a Home Gives Back to Your
Community
Why this Brooklyn project is nowhere to be seen
Elliman’s AI overhaul raises questions about future of
agents
Pfizer building scare tests office-to-resi
thesis
NY Dirt: Owners have a lot of pied-à-terre questions
NYC’s top deals: UWS megamansion trades for $40M — nearly
50% off asking
UWS double-wide sells for $45M, sets neighborhood townhouse
record
