Despite efforts to stop the sale, Meyer Chetrit’s ownership interests in four property-holding companies have been sold at auction to pay off a lender. The buyers were Meyer’s brother, Juda Chetrit, and an entity associated with lender Maverick Real Estate Partners. The sale, held on Tuesday, was the latest episode in the legal saga between Meyer Chetrit and Maverick Real Estate Partners, which is trying to collect on a $132 million judgment from the prominent developer connected to a now-foreclosed Manhattan hotel property. Chetrit served as a guarantor on the loan. Now that he hasn’t paid a judgment ordered in […]
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