ALBANY— As Nauman Hussain awaits his next court appearance in the Schoharie limousine crash case, two of his rental properties are facing foreclosure by one of his lenders.

Mako International, a Menands company that makes loans to real estate investors and house flippers, filed a foreclosure action against Hussain in state Supreme Court in Albany over $249,924 in loans secured by property Hussain owns in Cohoes and Saratoga Springs.

In court filings, Mako says Hussain owes $200,000 in principal on two loans he took out with the firm in 2017 and that the loans are secured by Hussain’s Cohoes and Saratoga Springs properties, two of several that Hussain owns in the Capital Region. The additional money owed is interest and penalties.

Hussain may be trying to work out a deal with Mako: A state Supreme Court judge filed an order earlier this month that the two parties attempt settlement talks.

The Cohoes property was originally purchased by Nauman Hussain’s brother Haris, who put the property in Nauman’s name in 2016. Haris is not a party to the foreclosure suit, and although he has accompanied his younger brother at all of his court hearings in the criminal case, he had no involvement in the family’s limo business.

However, in April, Nauman put the deed in the name of a real estate entity called 23 Erie St LLC, which is associated with his brother.

State records show that 23 Erie St LLC was created by Haris Hussain in April. Its address is listed with the state at a home on St. Joseph’s Street in Troy.

The Troy home was bought at auction from the city by Melissa Bell, a friend of Nauman Hussain’s who accompanied him to court hearings in Schoharie. The home is now owned by HASY Properties, a company the Hussain brothers have used to acquire and own rental properties.

It is unclear if the transfer of the Cohoes property to the new company is known to Mako or is part of the foreclosure settlement talks. A call to Mako’s attorney, Robert McCarthy, about the transfer was not returned. Court records show that Nauman Hussain was served with the foreclosure papers at a home owned by Mako’s chief financial officer.

Nauman Hussain’s civil attorney Marc Kaim, who is representing him in cases filed against him by the families of the crash victims, declined to discuss the Mako lawsuit when reached Thursday.

“I cannot comment on any pending litigation,” he said.

Hussain is facing charges of manslaughter and criminally negligent homicide after a stretch limo owned by his father crashed in Schoharie County on Oct. 6, 2018, killing all 18 people on board and two pedestrians outside the Apple Barrel Country Store.

Hussain, who was running the limo business at the time and faces years in state prison if convicted, is scheduled to appear in Schoharie County Court on July 7. The 2-year-old case is resuming following a delay of more than a year that was prompted by the closure of New York courts due to the coronavirus pandemic. Prosecutors allege Hussain was responsible since he failed to properly maintain the  limo, which has repeatedly been ordered off the road by state transportation officials. 

Hussain also faces a slew of civil lawsuits filed by the families of the victims of the crash.

Schoharie limousine crash: Key coverage


 


 



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