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Stern Misses Deadline on Brooklyn Tower Payment | Real Estate News
Michael Stern is in hot water after missing a June deadline to pay a $2 million deposit tied to an arbitration over unpaid costs for the Brooklyn tower at 9 DeKalb Avenue. Larry Silverstein, who took over the project after Stern defaulted on a loan, is now pushing the court to enforce the award — and tensions are rising as Stern refuses to budge. This latest legal move underscores a years-long feud over the development, where a supposed settlement still has loose ends. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
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