A company co-founded by Frank Carone, Mayor Adams’ recently departed chief of staff must pay a prominent New York City real estate firm more than $726,000 to settle a long-running rent debt, a Manhattan judge ruled this week.
Two companies co-founded by Frank Carone, Adams’ recently departed chief of staff, are being sued by two of the city’s largest real estate firms for more than $1.1 million in unpaid rent and other expenses.
Mayor Adams has cast his relationship with businessman Zhan “Johnny” Petrosyants as innocuous and dismissed the idea that his pal “should be discarded forever” because of a criminal record. But while his relationship with Adams may be social in nature, the Daily News has learned that Johnny Petrosyants and his brother have ties to a key player in the mayor’s inner circle that may extend beyond camaraderie.
Carone, a politically-connected lawyer and former counsel for the Brooklyn Democratic Party, has had a wide range of private business interests for years all of which he claims to have divested since taking on the top post in Adams’ City Hall earlier this month.
Adams' chief of staff Frank Carone managed a medical company that remains in hundreds of thousands of dollars in debt to a Brooklyn landlord struggling to recover the money and evict its tenant for more than a year, the landlord claims in court records.