Meyer Chetrit is fed up with Yoel Goldman’s failure to comply with court orders.
Chetrit, who runs Chetrit Group with his brother Joseph, is once again asking a sheriff to arrest one-time Brooklyn big shot developer Goldman.
Meyer Chetrit alleges Goldman has failed multiple times to comply with the Kings County court’s orders since a $8.5 million judgment was issued in Chetrit’s favor in 2021. Chetrit has sought an order for an arrest warrant in the past, but Goldman pushed off incarceration after agreeing to produce certain documents.
Since February 2024, the court has held six in-person conferences. But Chetrit argues that Goldman has disregarded the court’s orders by failing to appear or hand over documents related to his real estate holdings.
“Goldman has had 34 months in which to purge his contempt. Clearly, he has no intention of doing so,” said Chetrit’s attorney Douglas Segal in a court filing. “Consequently, it is time to hold Goldman accountable, to end his abuse of the judicial system and to disabuse him of his apparent belief that he is entitled to endless extensions.”
Chetrit’s dispute with the one-time CEO of All Year Holdings goes back at least five years. Chetrit extended about $20 million in loans to Goldman in 2019. But Chetrit alleges Goldman defaulted almost immediately.
Goldman made some payments, but Chetrit claimed Goldman owed $12.6 million. Goldman alleged in his own lawsuit that the judgment should be invalid, saying Chetrit failed to credit Goldman for payments made.
During this time, Goldman’s All Year was collapsing. All Year’s sprawling portfolio, which included the William Vale hotel in Williamsburg and the 911-unit Denizen rental complex in Bushwick, was overleveraged and faced defaults and foreclosures. Eventually, restructuring officers took control of All Year and put it into bankruptcy in 2021.
In 2021, a Kings County Judge awarded Chetrit a reduced judgment of $8.1 million in principal plus over $400,000 in interest, totaling $8.5 million.
Goldman appeared to have no interest in paying the judgment. Chetrit attempted to obtain information from Goldman about his assets to collect on the judgment, but he didn’t have much luck with that either.
In 2022, the Kings County judge held Goldman in contempt of court for willfully neglecting to obey a subpoena order.
Goldman sought to elicit sympathy from the court. He said he was a father of many children and had fallen on hard times.
“I have moved offices multiple times, lost my supporting employees and unable to locate many of the requested documents,” said Goldman in a court filing.
In 2024, Kings County Judge Reginald Boddie required Goldman to physically appear in court.
At the time, Goldman claimed he could not produce the documents, leading Chetrit’s counsel to reduce the number of documents Goldman was required to hand over. Goldman was instructed to provide the outstanding documents to Chetrit by December 2024. In exchange, Chetrit would drop the arrest application.
But Chetrit’s attorney argues Goldman still failed to produce the vast majority of documents requested. This includes information related to properties in Brooklyn at 1440 41st Street, 1335 44th Street, 1010 Bedford Avenue and 1004 Bedford Avenue. Chetrit’s attorney reissued an arrest warrant application.
“Goldman has thumbed his nose at this court, and there is no doubt he will continue to do so unless and until this court actually grants the arrest warrant application,” said Segal in this most recent filing.
A hearing is set for June 10. If Goldman fails to appear, it could result in imprisonment and arrest.
Goldman’s counsel did not return a request for comment, nor did Chetrit’s attorney.