Big Momma’s House: Landlord files to cut business ties with 96-year-old mom

Cites "disruptive and abusive behavior," writing checks she couldn't cash

TRD New York /
Dec.December 15, 2015 04:00 PM

They say money and blood don’t mix particularly well, and New York landlord Kenneth Rosenblum has found out the hard way – having filed a legal petition Tuesday to dissolve a business partnership with his 96-year-old mother, Bernice Rosenblum.

Rosenblum and his mother co-own no less than 13 properties across the city through their company, Greenwich Village-based Standard Realty Associates, and several affiliated entities, according to the petition filed in New York State Supreme Court.

While the family duo have been in business together for more than 40 years, Kenneth claims disagreements and business disputes with his mother have become “so severe that all confidence and cooperation between them have been destroyed,” according to the complaint.

It’s gotten so bad that “almost all significant communications” between the Rosenblums go through their respective attorneys, the complaint goes on, while Bernice’s “disruptive and abusive behavior” in the company’s office is alleged to have “caused at least two key employees to resign.”

The filing also describes how Bernice Rosemblum’s behavior has affected the company’s finances – with Kenneth Rosenblum alleging his mother once ordered the business’ bookkeeper to issue her a $5 million check, despite Standard Realty not having such funds available.

Bernice is also alleged to have withdrawn $2.4 million more in funds from the company’s accounts than Kenneth has over the years even though they’re both entitled to a 50 percent cut of the business.

Kenneth and Bernice mostly own residential buildings throughout Soho and the West Village, including 47 units at 35-37 Christopher StreetAnd Several Buildings Along Thompson Street.

Legal representatives for Kenneth Rosenblum did not return requests for comment. Bernice Rosenblum declined to comment on the matter.


Related Articles

arrow_forward_ios
Michael Shvo and Serdar Bilgili in December 2019 (Getty, iStock)

Bilgili wants Shvo to open his books

Bilgili wants Shvo to open his books
Former JLL employee sues alleging toxic “boys club”

Former JLL employee sues alleging toxic “boys club”

Former JLL employee sues alleging toxic “boys club”
Photo illustration of Phil Ruffin and his Circus Circus Hotel & Casino in Las Vegas (Ollie Millington/Getty, Ethan Miller/Getty, Joan Slatkin/Education Images/Universal Images Group/Getty, iStock)

Fear and loathing in a pandemic: Insurers battle business interruption claims

Fear and loathing in a pandemic: Insurers battle business interruption claims
Francis Davidson, Nathan Berman and 20 Broad Street (Sonder, Studio Scrivo, 20 Broad)

Nathan Berman to Sonder: Get out, and pay me $100M

Nathan Berman to Sonder: Get out, and pay me $100M
Imperial Hotel at 307 West 97 Street (Photo via Google Maps)

UWS hotel settles with city over illegal short-term rentals

UWS hotel settles with city over illegal short-term rentals
Clare Bronfman and 8517 Franklin Avenue (Patrick McMullan/Getty, Zillow)

Heiress and sex cult financier sues over Los Angeles infinity pool

Heiress and sex cult financier sues over Los Angeles infinity pool
Backal Hospitality Group CEO Arthur Backal, 627 West 42nd Street and Moinian Group CEO Joseph Moinian (Images via Backal, Google Maps, Moinian)

Win for Moinian is bright spot for commercial landlords

Win for Moinian is bright spot for commercial landlords
Quarters CEO Rui Barros and 251 DeKalb Avenue in Brooklyn (Credit: Linkedin and Google Maps)

“Schoolyard-style” dispute between landlord and co-living firm

“Schoolyard-style” dispute between landlord and co-living firm
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...