• Starwood notches win against Alan Stalcup in personal
guarantee suit,
The Real Deal

    Starwood notches win against Alan Stalcup in personal guarantee suit

    GVA’s Alan Stalcup could be facing a hefty penalty after a court sided with a lender seeking up to $110 million..  Starwood was awarded summary judgment this week in three New York cases against Stalcup personally, over his role as CEO of the Texas-based multifamily syndicator GVA. The lender said S

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  • Nussbaum bankruptcy sparks blowup with lawyer,
The Real Deal

    Nussbaum bankruptcy sparks blowup with lawyer

    The dissolution of Mark Nussbaum’s former law firm Nussbaum Lowinger somehow keeps getting uglier. Sheldon Eisenberger, the attorney overseeing Nussbaum Lowinger’s wind down since last June is firing shots at Nussbaum, his personal lawyer, and a restructuring officer, about two weeks after the firm

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  • Cornell sues Graduate hotel after lease default on Roosevelt
Island,
The Real Deal

    Cornell sues Graduate hotel after lease default on Roosevelt Island

    The Graduate by Hilton hotel on Roosevelt Island has drawn another lawsuit, this one from its landlord: Cornell University.  Cornell says that the Graduate Hotel, which is on its tech campus on the island, has overstayed its welcome. The hotel defaulted on its 65-year ground lease and has refused to

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