Halifax Harbour in Halifax on Wednesday evening, Feb. 28, 2018.Darren Calabrese/For The Globe and Mail
A contentious insolvency involving the heavily indebted estate of a deceased property developer from the Halifax area has put the future of some of the city’s prized heritage properties in doubt.
Five businesses connected to Steven M. (Steve) Caryi – who was 54 when he died in his Florida home on Christmas Day, 2023 – owe more than $47-million to a handful of lenders. And, despite a grinding housing shortage in the Nova Scotia capital, the caretakers of his business estate have been unable to find buyers for several commercial properties in various stages of residential redevelopment.
Among the properties…
