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Ostad Brothers Battle Over Family Empire | Real Estate News
Three Ostad brothers are locked in a brutal courtroom battle over their family’s real estate empire, with Steven accusing his brothers of massive fraud—cash theft, forged documents, and sidelining him from ownership—while the brothers反击 by painting Steven as unreliable, citing his past addiction and gambling. Steven claims he invested $6.5 million but was excluded from key operating agreements, especially around their lending arm Flatiron Realty Capital. A former employee backs Steven’s claims with photos of cash and evidence of apartments falsely labeled market-rate. The brothers’ lawyers…
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