How Fortis’ luxury high-rise became the leaning tower of FiDi
New York
Dec 4, 2023

How Fortis’ luxury high-rise became the leaning tower of FiDi

The Maiden Lane project’s lender can foreclose on a project infamously stalled by planning and construction blunders.
The Daily Dirt
New York
Nov 17, 2023

The Daily Dirt: New chapter for the leaning tower

Judge lets Valley Bank foreclose on Fortis’ mortgage
Valley Bank Can Proceed with Fortis Project Foreclosure
New York
Nov 16, 2023

Bank can pursue foreclosure at Fortis’ Seaport tower: judge

Developer of stalled, tilting skyscraper loses legal round
Eklund Gomes Out, Barton Barrett Marshall In at Olympia Dumbo
New York
Oct 30, 2023

Barton Barrett Marshall Team replaces Eklund-Gomes at Olympia Dumbo

Agents say premier building is more than 50% occupied
Shelly Listokin Stalls His Purchase of 161 Maiden Lane Loans
New York
Oct 26, 2023

Would-be buyer of troubled Seaport tower adds to pile of lawsuits

Entity tied to Shelly Listokin stalls purchase of 161 Maiden Lane loans
Fortis, SUNY Trade Accusations at Troubled Cobble Hill Project
New York
Oct 19, 2023

Fortis, SUNY at each other’s throats over troubled Cobble Hill project

Developer claims state secretly promised $75M in credits but reneged
The Daily Dirt Delves Into Fortis’ Legal Fights
New York
Sep 7, 2023

The Daily Dirt: Fortis’ legal drama

Analysis of New York’s top real estate news
Fortis Property Group, Valley Bank Agree to Seaport Mediation
New York
Sep 5, 2023

Fortis, lender trade barbs on leaning tower mediation

Developer and Valley Bank write to judge about resolving Seaport fiasco
Fortis Sued by SUNY at Former Cobble Hill Hospital Site
New York
Sep 1, 2023

SUNY: Fortis failed to close on $240M Brooklyn purchase

Lawsuit reveals bizarre details of dispute at former hospital site
Judge Calls on Fortis, Bank Leumi to Enter Mediation
New York
Aug 31, 2023

Judge tells Fortis, bank to end leaning-tower dispute

Fate of disastrous Seaport condo project hangs in balance
Fortis Property Group's Louis Kestenbaum and 48 Cedar Street (Getty, Google Maps, Fortis Property Group)
New York
Jun 20, 2023

Fortis, partner sell Brooklyn nursing center for $70M

Nursing home investor Solomon Klein picked up rehab facility at 48 Cedar Street
Fortis Property Group's Joel Kestenbaum and Olympia Dumbo at 30 Front Street in Brooklyn (Getty, Google Maps, Fortis Property Group)
New York
Mar 10, 2023

Olympia Dumbo could turn Fortis’ development ship

Luxury project at 30 Front Street was hailed as Brooklyn’s priciest
Mayor Michael Bloomberg with the empty Kingsbridge Armory in the Bronx and then-Council member Brad Lander with the former Long Island College Hospital (Getty, Google Maps; Illustration by Kevin Rebong for The Real Deal)
New York
Oct 24, 2022

When pols ignore past, city pays price

Lessons from Amazon HQ2, Kingsbridge Armory and Brooklyn Bridge Park
Fortis sells large Cobble Hill site to Madison Realty after foreclosure threat
New York
Oct 21, 2022

Fortis sells large Cobble Hill site to Madison Realty after foreclosure threat

Lender to acquire River Park dev sites where Fortis planned two condo buildings totaling 150 units
30 Front Street & 294 Park Place (Streeteasy, Getty)
New York
Sep 26, 2022

Brooklyn luxury market can’t shake slump

Only eight homes went into contract in second-slowest week of year
Fortis’ Olympia Dumbo lures Brooklyn Nets star
New York
Sep 23, 2022

Fortis’ Olympia Dumbo lures Brooklyn Nets star

Ben Simmons in contract for $13M combo unit
Fortis Group’s Joel Kestenbaum with 161 Maiden Lane
New York
Sep 7, 2022

Mack Real Estate sues for $566M over Fortis project loans

Developer and senior lender accused fraud, misrepresentation and negligence