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Croman Sons Build Separate Real Estate Empire | Real Estate News
Description
Jake and Adam Croman, sons of disgraced landlord Steve Croman, are carving out their own path in Manhattan’s competitive real estate scene—buying up older multifamily buildings with commercial spaces, often alongside fashion heir Jeremy Tahari. This year alone, they’ve snapped up two properties for $2.55 million each: a four-unit building with a vacant storefront at 303 W. 116th St., and a 33-unit building on E. 108th St., later leased to NBA star Mo Bamba and a convenience store. While they insist they operate independently from their father’s troubled legacy—his own legal woes included mortgage fraud, tax evasion, and a tenant harassment settlement—they’ve still faced scrutiny over subtle ties, like their mom signing off on a recent deal and mail being routed to Centennial Properties, their father’s old company. Jake insists they have no ownership stake in those properties, calling the mail routing a logistical choice, as they handle every aspect of their deals themselves—financing, management, and all—determined to build their own empire, one building at a time.
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