E
li Karp, a developer who has faced numerous challenges since the pandemic, scored a rare win after a tumultuous period. His $3 million home in Monsey was at risk of being seized by investors, marking a dramatic fall from his former success with Brooklyn-based Hello Living. Karp had been battling foreclosures and lawsuits, even writing an e-book about his experiences with lenders he accused of predatory practices.

    A lawsuit filed by an investor group sought to recover assets transferred to Karp's wife, Miriam. The New Jersey-based investors, including Praveen Arora, Chaim Nash, Jacob Gold, and Victor Bukai, claimed that Karp had improperly transferred properties to his wife in 2018. They alleged he sold two Monsey properties for $2 million just before a ruling was made against him.

    Karp's lawyers argued the transfers occurred six years prior to the lawsuit, making it time-barred. However, New York State Supreme Court Judge Christie D'Alessio ruled that the investor group had cited the wrong legal statute but deferred on the question of statute of limitations. The two sides eventually settled, allowing Karp to keep his home and continue fighting against his lenders.