Developer of big Duluth project blames bank for financial issues
- Posted on June 11, 2025
- By Star Tribune
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Developer of big Duluth project blames bank for financial issues

Developer of big Duluth hilltop real estate venture blames bank for latest financial woes Letter from Lazar Ostreicher’s attorney says St. Cloud-based Stearns Bank failed to provide a guarantee that could have kept his client from running afoul of city agreement for old Central High School property.