The estranged husband of Lara Prychodko, the Manhattan woman who fell to her death in a garbage chute in a Union Square high-rise last week, declared bankruptcy after his high-end construction firm was targeted in two multi-million dollar lawsuits, The Post has learned.
David Schlachet, 55, and his partners in Taocon, Inc. filed for bankruptcy on Nov. 16, 2016, a day after billionaire financier Joseph Bae accused them of running a multimillion dollar “Ponzi” scheme with money that they should have been using to renovate Bae’s $20 million Upper East Side town house, court papers say.
Taocon was contracted in October 2013 to conduct extensive renovations on the 45 E. 65th St. property owned by Bae and his wife through a limited liability company. The work included removal of bedrock that nearly brought down the neighboring town house of Andy Warhol protégée “Baby Jane” Holzer, according to court records obtained by The Post.
Holzer, who claimed that demolition work in 2016 “caused the complete collapse of [her] second floor front ceiling,” filed suit against both Taocon and Bae last summer.
Bae, Holzer and Schlachet could not be reached for comment.
As of last May, the renovation to Bae’s property remained incomplete, with Bae incurring “substantial additional expenses” to retain a new contractor after paying Taocon more than $12 million, court papers say.
Source: Read Full Article