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
NYC developer in hot pursuit of Albany data center
Even as a data center moratorium sits on Gov. Kathy Hochul’s desk, awaiting a signature, a zoning change could push forward a development right in the state capital. EKG Group’s Michael-Henry Elghanian-Krayem is pushing to rezone into the “light industrial” classification at the Kenwood Commons site
Landlord targeted by Mamdani facing foreclosures on $36 million in loans
A New York landlord targeted by Mayor Zohran Mamdani is facing tens of millions of dollars in foreclosure cases. Rajmattie Persaud is connected to four foreclosure cases tied to about $36 million in loans from the former Signature Bank, according to complaints filed this month in Queens County Supr
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