Michael Stern misses payment deadline to Silverstein in Brooklyn Tower dispute
Michael Stern’s legal fight with Larry Silverstein over Brooklyn’s tallest tower isn’t over. Stern missed a court-ordered deadline to hand over a $2 million deposit to Silverstein’s Silverstein Capital Partners in an arbitration dispute tied to the supertall tower at 9 DeKalb Avenue, according to a petition filed Monday in state Supreme Court. The filing stems from a 2024 agreement tied to Silverstein’s takeover of the supertall residential tower in Downtown Brooklyn that required Stern to reimburse the lender for certain costs. If he disputed the amount owed, he was required to submit a written explanation along with a $2 […]
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