Nobody beats the Wizig? Property owner's blight case delayed by bankruptcies
By EDWARD ERICSON JR.
Nov 21, 2014 | 5:06 PM
Stephanie Gleason at the Wall Street Journal's bankruptcy desk takes note of Baltimore City and the nonprofit Community Law Center's fight with Scott Wizig, who owns about 140 vacant and run-down properties in Baltimore. Wizig has apparently put a few of his LLCs into bankruptcy and asked that the CLC's suit—which covers 57 of Wizig's houses—be delayed.
With the CLC as their lawyer, six community associations are demanding $8 million in damages under an ordinance called the "The Community Bill of Rights." In September, Baltimore Circuit Court Judge Pamela White ordered Wizig to bring 49 of the houses up to code by the end of October. "However, two of the corporations (aptly called Baltimore Return Fund LLC and Compound Yield Play LLC) that own 32 of the 57 properties didn't file for bankruptcy," Gleason notes. "Mr. Wizig also didn't personally file for bankruptcy." Wizing's reputation for real estate shenanigans stretches from Buffalo to Houston. Eliott Spitzer targeted him in the early 2000s and the Houston Press has written about him. Closer to home, Housing Policy Watch has taken frequent notice of Wizig's works. City Paper readers may remember him from such stories as "The Man Behind the Curtain" and "Fed Up."