DeNardo Capital loses Westchester condo project to UCC foreclosure
DeNardo Capital Management’s hail-mary attempt to save its Westchester County luxury condo development from foreclosur...
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Two Upper East Side apartment buildings head to foreclosure sale
A pair of Upper East Side apartment buildings are headed to foreclosure. New York-based Aulder Capital is planning a UCC...
UCC Foreclosure Sale Looms for Hello Living’s Brooklyn Multifamily Asset
Rights to a 100 percent ownership stake in a Brooklyn apartment development is headed for a Uniform Commercial Code (UCC...
Lender tries to seize Toby Moskovits’ Bronx apartment project
Anyone who had an internet connection in 2015 remembers the dress — the striped garment that some viewers swore was bl...
Lender attempts to force Heritage’s Mott Haven parcel with $8M loan into bankruptcy
An affiliate of lender Be-Aviv, which provided Toby Moskovits and Heritage Equity Partners $8 million to finance a 2019 ...
Brooklyn landlord scores rescue loan on apartment portfolio
A Brooklyn landlord who has been trying to avoid foreclosure on a large apartment portfolio just secured rescue financin...
Metro Realty Services, LLC handles eight sales totaling $11.855 million
Mineola, NY Metro Realty Services, LLC (MRS) completed eight sales totaling $11.855 million, and one 9,600 s/f lease...
How Biden’s 1031 Exchange Limits Could Impact CREF
President Biden’s new tax proposal includes restrictions on the 1031 exchange, a tax law that allows investors to defe...
Part of Chaskiel Strulovitch’s Brooklyn portfolio to be sold at auction
The lengthy saga between lender Maverick Real Estate Partners and landlord Chaskiel...
Protection Dissolving for Borrowers in NY Seeking to Halt UCC Sales
The coronavirus pandemic made the legal system in New York much friendlier toward commercial property owners with assets...
DeNardo Bankruptcy Staves Off UCC Foreclosure on Westchester Condo Development
A virtual uniform commercial code (UCC) foreclosure auction that was scheduled to take place today on a luxury condomini...
Grace Kelly’s former Upper East Side mansion returning to market
East 73rd Street property will be sold as part of bankruptcy proceedings. An Upper East Side building with a storied pas...
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