Bank sues owner of 86th Street homeless shelter in Brooklyn for $3.8 million

The protest against the construction of a homeless shelter at 2501 86th Street in Brooklyn has lasted for 247 days, and there has been new progress recently. According to the loan agreement signed between the owner of No. 2501 and the bank, the owner cannot demolish the existing building without the consent of the loan bank. Recently, the loan bank has taken legal action to protect its own rights and interests.