You need to subscribe to Long Island Business News to read the entire article, but you can get some info here:
and here are some highlights from the LIBN article:
“On Jan. 14, a state appellate court upheld the Supreme Court’s 2012 ruling that real estate investors Louis Bombart and Steve Silverberg, who owned less than an acre of the six-acre “Superblock” project site, are owed an additional $5.5 million plus interest over the $3 million they initially got from the city when Long Beach condemned the property in 2006. [LINK]
City vows to appeal award for condemned property [LINK]
and regarding iStar:
“They have always said that shovels will be in the ground this summer,” said Long Beach Corp. Counsel Rob Agostisi.
An iStar executive didn’t respond to a request for comment. [LINK]