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    Home»Real Estate Analysis»Shaya Boymelgreen Sued for Allegedly Missing Rent Payments

    Shaya Boymelgreen Sued for Allegedly Missing Rent Payments

    Team_WorldEstateUSABy Team_WorldEstateUSASeptember 15, 2026No Comments3 Mins Read
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    Shaya Boymelgreen, who a decade in the past was infamously banned from promoting condos in New York Metropolis for 2 years after a settlement with the New York Legal professional Normal, is going through a contemporary foe: Benchmark Realty Group.

    Benchmark filed a lawsuit towards Boymelgreen in Manhattan Supreme Courtroom final week, accusing the erstwhile developer and businessperson of skipping out on greater than $100,000 in hire funds, Crain’s reported. The lawsuit pertains to a retail enterprise Boymelgreen has run along with his spouse, Alter Native CBD Boutique.

    Benchmark, which bought the property at 250 West eighty fifth Avenue on the Higher West Aspect final yr for $66 million, alleges Boymelgreen and his spouse have been guarantors for the shop’s lease. They allegedly stopped paying hire 5 months in the past.

    The shop location, which was fronted on Broadway, closed final month. Alter Native, which isn’t listed as a licensed dispensary by the state, “was created to redefine hashish as greater than a product,” per the corporate web site.

    Boymelgreen couldn’t be reached for remark by the publication. Alter Native didn’t reply to a request for remark.

    That is the second retail spat Boymelgreen has discovered himself on this yr. In April, he was sued for allegedly defaulting on $103,000 in hire for a retailer at 1668 Broadway close to Occasions Sq.. That lawsuit was discontinued final week.

    Boymelgreen rose to prominence as one of many metropolis’s most high-profile builders, changing 15 Broad Avenue into 326 condominiums in 2007. Different notable initiatives included 20 Pine Avenue in Decrease Manhattan and 85 Adams Avenue in Dumbo.

    However the recession left a path of failed apartment initiatives in its wake. In 2016, he was banned from promoting condominium models for 2 years following a settlement with the state Legal professional Normal’s workplace, led on the time by Eric Schneiderman, over claims that Boymelgreen refused to complete work and repair development defects at half a dozen buildings in Manhattan and Brooklyn.

    He has since reemerged in South Florida, although not with out issues.

    In January, Miami-based lawyer David Efron and his entity, Norfe Krome, sued Boymelgreen for allegedly failing to pay $2 million to a mortgage guarantor following the sale of a 100-acre parcel in unincorporated southwest Miami-Dade County.

    — Holden Walter-Warner

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    Development

    South Florida

    Lawsuit accuses Shaya Boymelgreen of moving lender’s cut to Miami Beach project


    Boymelgreen banned from selling condos in NY for two years


    Boymelgreens List Miami Beach Office Building 

    Boymelgreens’ Miami Beach office building hits market at $20M






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