Developer Kent Swig is close to filing for personal bankruptcy because the fallout from the Sheffield57 debacle has gotten too expensive, the Post reports. Swig can't afford the $28 million judgment on the condo conversion. And that's not all. "He has a money problem and another problem," a source said. What's that other little problem? Swig may face prosecution if it turns out he lied about his assets to get loans. [Post; previously]
Filed under:
Loading comments...