Evergreen Gardens Mezz LLC, controlled by All Year, sought Chapter 11 protection Monday in the Southern District of New York, according to a petition, listing assets and liabilities of $50 million to $100 million. The debtor is part of the 900-unit Denizen apartment complex, a millennial haven in Bushwick, Brooklyn, developed on the former site of the Rheingold Brewery.

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Cracks are starting to form in the All Year Management real estate empire after part of its apartment development in a hipster Brooklyn neighborhood filed for bankruptcy.

Evergreen Gardens Mezz LLC , controlled by All Year, sought Chapter 11 protection Monday in the Southern District of New York, according […]

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