Alleged subtenant petitions for Boymelgreen bankruptcies

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A tenant claiming to sublease space in Shaya Boymelgreen’s Prospect Heights office has filed a petition to push two of the embroiled developer’s companies to Chapter 7 bankruptcy, according to Crain’s. The alleged subletter, 752 Pacific Street Corp., says that Boymelgreen pledged to give it $252,000 if he broke its lease early. But now the company says that with Boymelgreen unable to meet his pledge, it has been forced to take legal action. The building’s landlord, Henry Weinstein, believes 752 Pacific Street Corp.’s claims are false. “Boymelgreen never gave us any indication of subtenants,” Weinstein said. “We just assume this is some kind of fraud.”

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