realestate

NYC Real Estate Heirs Engage in High-Stakes Succession Battle Over $1.7 Billion Empire

New legal filings could reshape control of Manhattan's high-end family empire.

A
long-standing family feud over the vast New York property empire of Sol Goldman is intensifying, with new court filings that could significantly alter control of the estate. Amy Goldman Fowler and her nephew Steven Gurney-Goldman have submitted petitions to New York's Surrogate's Court seeking to remove their relatives Jane Goldman and Diane Goldman Kemper as executors of their mother and grandmother Lillian Goldman's estate.

    The petition also seeks to strip Jane, who is Amy's sister and Steven's aunt, of her role as trustee of the Lillian Goldman Marital Trust. The family's firm, Solil Management, controls over 400 properties throughout New York City, including high-end retail and office buildings, as well as ground leases beneath prestigious hotels.

    Amy and Steven accuse Jane of blocking the distribution of more than $100 million in cash assets and manipulating Diane, who they claim is no longer mentally fit to serve. They argue that Jane has taken advantage of the situation to consolidate power over the estate. In response, Jane's attorney denies the claims, calling them a rehashing of previous arguments that were already dismissed by the court.

    This latest development marks another chapter in a family conflict that dates back to the 1980s. The dispute began when Lillian Goldman left her husband Sol, accusing him of infidelity and physical abuse, and demanding half of his estimated $1 billion assets. A judge ultimately sided with Sol, leading to a contentious legal fight over the agreement's validity.

    The family's tensions escalated after Allan Goldman's death in 2022, with Steven taking over as executor of his father's estate and aligning with Amy to challenge Jane's leadership. The dispute has centered on how the estate's assets have been valued, with Amy and Steven accusing Jane of undervaluing the real estate portfolio.

New York City real estate heirs in high-stakes succession battle over $1.7 billion empire.