Topic: Kent Swig

At Troubled Manhattan Condo: The Band Goes Marching On

During the condo building boom, it wasn't all that uncommon for tenants to clash with developers as they scooped up buildings, gussied them up and tried to convert rental units into condos. But fireworks have marked the conversion of Manhattan's ...

Swig, Lehman Square Off Over 45 Broad Financing

Like a mat-bound boxer who, with his last gasp of breath, drags his nemesis down with him, Lehman Brothers Holdings, a vestige of the now defunct investment bank, filed a foreclosure suit on Jan. 22 against the developer Kent Swig and his ...
Lehman Brothers has begun foreclosure proceedings on Kent Swig's apparently catastrophic project at 45 Broad Street.The foreclosure proceedings were initiated on Thursday, Jan. 22. 45 Broad LLC and Kent Swig, president of Swig Equities, are named in the suit, along ...

The Afternoon Wrap: Monday

Private equity firm sues Kent Swig, alleging $39 million in loan defaults and fraudulent claims about Sheffield57 stake. Daniel will host beer-pairing dinners later this month. [Eater] A rundown of the slowdown on Rudin and St. Vincent's O'Toole building plans ...

Slow News Day: Jimmy Breslin Buys a Condo

From The Real Deal: "Legendary New York journalist Jimmy Breslin and his wife, former City Council member Ronnie Eldridge, paid $1.65 million for an apartment in the troubled Kent Swig condominium conversion Sheffield57, south of Columbus Circle. The purchase at the ...

Big Swig

It was 10:30 on an overcast Monday in early November, and Kent Swig, one of New Yorks biggest landlords, was sitting at a conference table in the chic seventh-floor offices of his 20-story building at 770 Lexington Avenue. A business partner ...