NYC developer Barnet Liberman stiffs neighbors over unpaid condo fees: suit

A developer of the West Village’s stylish Printing Home condominium is allegedly residing “without spending a dime” within the constructing’s “premier” $20 million pad — whereas his livid neighbors need to make up the distinction, in response to court docket papers and residents.

Barnet Liberman and his accomplice made historical past after they turned the previous printing constructing at 421 Hudson St. into condos in 1979, one of many first such residential conversions permitted within the metropolis.

The property contains an Equinox gymnasium and rooftop swimming pool with spectacular views. Its loft-like items with oversize home windows have been eyed by celebrities together with Spiderman actor Andrew Garfield.

Liberman and his spouse, Phyllis, occupy a penthouse residence with not less than 2,845 sq. ft. It might be value wherever from $6 million to $20 million by Liberman’s personal estimate.

The couple has racked up a hefty debt, claims the condominium, which is pushing to foreclose on the unit and promote it, court docket information present.

The month-to-month $3,160 frequent expenses have gone unpaid since January 2019, in response to a lawsuit filed in 2020 in opposition to the Libermans and the LLC that owns the unit, amongst different defendants.

The Printing House
The 421 Hudson Road property was transformed into condos in 1979.
Helayne Seidman for NY Publish

And an August 2021 bill despatched to the Libermans reveals a debt of $609,530, together with fines for violating constructing guidelines like leaving packages within the foyer and unlawful fuel piping to the unit, in response to court docket papers.

One indignant constructing resident mentioned, “All of the residents together with myself are paying 30 p.c extra whereas he lives in that residence without spending a dime. It’s outrageous.”

Liberman was unmoved by the outrage over the assessments shared by the opposite condominium homeowners.

The Printing House
Liberman and his spouse dwell in a penthouse residence value between $6 million to $20 million.
Helayne Seidman for NY Publish

“My coronary heart goes out to them,” he advised The Publish.

He declined to touch upon how a lot he would possibly owe, saying it might be as much as the court docket to determine.

In the meantime, Liberman filed for chapter in 2021, owing $123 million to a laundry record of collectors together with his spouse, kids and a pest management firm within the Hamptons the place he owns a townhouse.

Safety video confirmed Liberman spends most of his time on the Printing Home, and never the East Hampton property as he's making an attempt to say within the chapter continuing, in response to court docket papers. He's in search of a homestead exemption for the townhouse which might permit him to carry onto it.

Entrance of Equinox at The Printing House at 421 Hudson St. in the West Village.
The property contains an Equinox gymnasium and a rooftop swimming pool.
Helayne Seidman for NY Publish
Living Room/Dining room of a 3 Bedroom 3.5 Bath 3,192 Square Foot Condo model apartment in the Printing House located at 421 Hudson Street in Manhattan. Similar 3 Bedroom apartments in the building are listed for 6.95 Million.
Flats within the constructing are listed for tens of millions of dollars.
Lorenzo Ciniglio for NY Publish

Liberman advised The Publish the Hamptons property is the one house he owns. He and his spouse transferred the possession of the Printing Home residence to an LLC in 2013, after which gave many of the entity to their 5 kids.

He mentioned he paid $35,000 a month hire to the LLC, however wouldn't say who obtained the cash.

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