New Manhattan condos see rise in foreclosures

A look at the buildings with the most lis pendens in the last year

March 08, 2010 10:45AM
By Sarah Ryley

From left: 1600 Broadway, Cipriani Club Residences and 555 West 23rd Street

From the March issue:One in every 13 homes is in pre-foreclosure. Half are listed for rent or sale. This predicament isn’t taking place in the outer boroughs. It’s happening in Manhattan at a luxury condo. The building is one of dozens in Manhattan where multiple owners have fallen behind on their mortgages. This month, The Real Deal put together a top 10 list of buildings in Manhattan with the most units that received a pre-foreclosure filing in the last year. [more]

Tags: 130 barrow street, 1600 broadway, 1600 broadway on the square, 20 west street, 200 chambers street, 350 west 42nd street, 350 west 50th street, 516 west 47th street, 55 wall street, 555 west 23rd street, 635 west 42nd street, Atelier, be@clinton west, cipriani club residences, city connections, douglaston development, edward longley, extell development, jonathan miller, millennium tower, miller samuel, moinian group, orion condominium, propertyshark, sds procida, sherwood equities, the downtown club, witkoff group, worldwide plaza

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