
Lender Accuses Prominent Father and Son Team of ‘Fraudulent Conduct’
Yet another battlefront has opened in the war between investors looking to wring profit from recession-hobbled real estate projects: the Gem Hotel in Chelsea, a project so dysfunctional that one lender has, in a lawsuit, accused the prominent father and son team behind the hotel, Todd and Martin Cohen, of “[p]remeditated, outrageous and fraudulent conduct.” Read More
