Compiled by Linda Collins
Brooklyn Daily Eagle

A developer of a Brooklyn residential project in Greenwood Heights has filed for Chapter 11, it was reported in The Real Deal last week.

“Fred Deutsch, the developer of a four-story building at 338-342 22nd St., filed for bankruptcy protection on May 11 in federal court in Manhattan,� The Real Deal said, noting that the project had a stop work order served on April 30, according to the Department of Buildings Web site.

Deutsch is the owner of LD Development, whose liabilities are between $10-$50 million; assets were between $1-$10 million.

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