Jed Bergman is quoted in a Crain’s New York Business article that discusses how developer Ben Ashkenazy could lose his stake in the Marriott East Side hotel after Glenn Agre Bergman & Fuentes’ client Deka Immobilien Investment GmbH made good on a $136 million loan default during the pandemic. The investment firm paid off the balance as guarantor and is now entitled to get its money back from the partnership, an appellate panel in state Supreme Court in Manhattan ruled.

In discussing the recent victory, Jed noted that, “Deka is pleased with the court’s unanimous decision and looks forward to continuing to vindicate its rights.”


Read the article.


The Glenn Agre team representing Deka Immoblien Investment GmbH includes Jed Bergman, Marissa Miller, George Santiago and Nathan Ades.