Tag results for: Lazar Ostreicher
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...
In exchange for $75 million subsidy, Incline Village developer is only required to build 60 housing units
In March of 2023, the new Lincoln Park Flats apartments, located at 2102 West Superior Street, converted an entire floor of their four-story building into a “boutique hotel.” The...
Incline Village developer showed no need for $75 million subsidy approved by City Council
On June 10, 2024, the Duluth City Council approved a resolution authorizing a $75 million Tax Increment Financing (TIF) subsidy for Phase One of the Incline Village project, which...
Incline Village developer’s RICO lawsuit dismissed
On April 4, 2024, the Monitor reported on a case in New York State Court, where Lazar Ostreicher, his wife Malka, and two others are alleged to have fraudulently...
