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George Comfort & Sons Sues Merchants Hospitality Over Project

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Left to right: Richard Cohn, Abraham Merchant, Adam Hochfelder, Peter Duncan, 303 East 93rd Street (Getty, Merchants Hospitality, George Comfort & Sons, Google Maps)

Adam Hochfelder’s spirit still haunts Merchants Hospitality.

Company owners Abraham Merchant and Richard Cohn sued Last week, George Comfort & Sons announced an investment that the controversial Hochfelder allegedly helped solicit eight years ago.

But instead of paying the nearly $2 million judgment imposed in 2020, Merchants began transferring the company’s assets to protect them from recovery, the plaintiffs allege.

“Assets and revenue streams have been diverted to Hospitality GS. [created shortly before the judgment] and other entities and GS became a facade for merchants,” the complaint states.

GS has no known website or social media accounts, the lawsuit notes, “which is unusual for a hospitality business.” Still, he receives six-figure sums from merchants while maintaining bank accounts for salary and business operations, the lawsuit alleges.

Abraham Merchant and Cohn each own 50% of the new company, which reflects Merchants Hospitality’s ownership, the lawsuit notes. Comfort & Sons alleges that only $25,000 of the judgment has been satisfied.

The dispute between Merchants and Comfort & Sons stems from Comfort & Sons making a small investment in 2014. An ambitious, ground-up project Located on the Upper East Side.

Hochfelder is said to have helped secure an investment made by Comfort & Sons in 2014, two years after Hochfelder was released from prison. He was hired by a merchant after he was sentenced to two years in prison for defrauding investors of his $18 million.

The contractor envisioned a $250 million residential building on the corner of 93rd and 2nd Avenues. But the completion of the project, called Amalfi, proved to be as far away as the Italian coast. No, city records show.

the merchant Hochfelder and the falling out In 2020, she accused him of embezzlement and defrauding investors. trying to settle Controversy. The case has since been discontinued. The company did not respond to a request for comment.

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