Tag results for: Incline Village
City of Duluth did not require proof of Incline Village developer’s financing before approving TIF subsidy
On June 2, 2025, Duluth Economic Development Authority (DEDA) Director Tricia Hobbs sent Luzy Ostreicher, developer of the Incline Village project, a Notice of Breach, which identified eight violations...
Facing receivership, Endi Plaza files for bankruptcy a second time
In the wake of an unfavorable court ruling on June 6, 2025, Endi Plaza LLC has filed for Chapter 11 bankruptcy protection—for the second time in a six-month period.
Recap...
Incline Village developer failed to pay property taxes in 2024
As Incline Village project construction begins at the top of the hill, on the site of the former Central High School, property tax records reveal that the owner, STC...
Endi Plaza bankruptcy dismissed, foreclosure case proceeds
On March 10, 2025, United States Bankruptcy Judge Sean H. Lane dismissed the Chapter 11 bankruptcy case of Endi Plaza LLC, which the company had filed on Dec. 9,...
Amid mortgage foreclosure and fraud allegations, Endi Plaza owner files for bankruptcy
Endi Plaza, the apartment building and retail hub located at 21st Avenue East and London Road, is owned by Endi Plaza LLC. Lazar Ostreicher of Monsey, New York is...
Incline Village project has yet to break ground, 9 months after claims of urgency
Occasionally, when the Duluth city administration asks the City Council to approve a subsidy for a favored developer, they send the Council an urgent proposal, asserting that the entire...
