A number of notable landlords and developers found themselves in trouble in New York this week. Steve Croman is combating more than 28 active foreclosure lawsuits targeting properties he controls. In total, lenders allege Croman’s entities defaulted on more than $231 million in loan principals. Twenty-one of the foreclosure suits were filed in the last week, many zby lender Orange Owner LLC. The principal of those associated loans totals more than $189 million In a court filing, Croman denied many of the allegations. But it’s just the latest issue for the man once dubbed the city’s worst landlord, who served […]
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