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...
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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...
To stop foreclosure, Westchester condo developer files for bankruptcy
Westchester County developer DeNardo Capital filed for Chapter 11 bankruptcy Tuesday, stopping a planned foreclosure auc...
Selling Significant Assets Without a Stalking Horse: Is It Risky?
When selling significant assets in chapter 11, more often than not debtors and their professionals proceed with a stalki...
Notables in Real Estate 2021: Greg Corbin
Greg Corbin is head of bankruptcy and restructuring at commercial brokerage firm Rosewood Realty Group, where he special...
Flushing Building Package Sells for $28M in Bankruptcy Auction
J&C International Group, a Chinese investment company focused on the Queens market, has purchased 11 mixed-use buildings...
Upper East Side condo conversion fetches $51M at auction
The stalled 14-unit project had a projected sellout of $105M. A Upper East Side condo conversion just sold at auction, a...
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