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October 21, 2009
More manuevering at the corner of Carlton and Pacific with Boymelgreen firms pushed toward bankruptcy by (alleged) tenant
Atlantic Yards Report
The saga of Henry Weinstein's properties at the corner of Carlton Avenue and Pacific Street--a six-story building and two parking lots--just keeps getting stranger.
Remember, Weinstein won a court battle to evict tenant Shaya Boymelgreen, who operated his headquarters in Weinstein's building at 752 Pacific Street and had subleased that property--without Weinstein's consent--to Forest City Ratner, allowing the developer to claim that it controlled more of the Atlantic Yards footprint than it actually did.
Then Weinstein tried to get Boymelgreen evicted. Yesterday, before representatives of the sheriff's office could pursue eviction, Boymelgreen's tenant--or perhaps the developer himself--threw a wrench into those plans.
In short, sub tenants of Boymelgreen have filed to force Boymelgreen's company into bankruptcy, which makes no sense to Weinstein, because Boymelgreen wasn't supposed to have sub tenants without Weinstein's consent in the first place, leading folks to speculate that these "sub tenants" are really controlled by Boymelgreen, who is trying to pull another fast one on Weinstein.
NoLandGrab: While Boymelgreen can't seem to get past his original double-cross on Weinstein, Bruce Ratner still has designs on Weinstein's property via eminent domain.
Photo, Tracy Collins, via flickr Atlantic Yards Photo Pool.
Posted by lumi at October 21, 2009 7:03 AM