Wednesday 22 July 2020

JDS accused of inflating costs at Park Slope condo project

Michael Stern’s partner on a Park Slope condo development is accusing him of inflating project costs to finance his “lavish lifestyle” — the latest lawsuit in a three-year war at the site. An LLC tied to Largo Development alleges that the JDS Development chief inflated the cost of 613 Baltic Street, a 43-unit condo project with a projected sellout of $90.9 million. The July 8 complaint, which was approved by the court on Monday, claims



source https://therealdeal.com/2020/07/22/jds-accused-of-inflating-costs-at-park-slope-condo-project/

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