Jeff Sutton is going for the jugular in his fight against his lender on a struggling Herald Square property. The retail titan and head of Wharton Properties fired back against the German bank Helaba after the lender initiated a foreclosure on his property at 27-29 West 34th Street earlier this year. Sutton’s lawyers, Darren and Terrence Oved of Oved & Oved, are now seeking sanctions and attorney fees from the lender Landesbank Hessen-Thüringen, also known as Helaba, claiming the lender’s move to pursue Sutton was a “transparent, orchestrated attempt to tarnish” his reputation. Helaba initially provided a $50 million loan […]

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