Kent Swig’s alleged misuse of a home loan led his estranged wife Elizabeth to nearly lose their apartment to foreclosure, leaving her running to her famous daddy, real estate giant Harry Macklowe, for cash, The New York Daily News reported yesterday based on papers filed with the Manhattan Supreme Court.
Ms. Swig is seeking unspecified punitive damages in their divorce case, claiming that Mr. Swig’s misuse of the $12.5 million loan led to the near foreclosure of their $26 million apartment at 740 Park Avenue.
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