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]

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2280 FDB, located at 2280 Frederick Douglass Boulevard in Harlem

A new 12-story Harlem development, 2280 FDB, has been approved for Federal Housing Administration’s financing, according to a release sent by developer RGS Holdings and Halstead Property Development Marketing, the development’s sales team. Meanwhile, Daniel Hollander, the former senior managing director of the Clarett Group, has launched a new, nationwide investment and development consulting firm headquartered in New York City and Sheldon Good & Company is set to auction off a one-bedroom, one-bathroom condo at 1600 Broadway on March 19, one of seven residences set to be auctioned as part of the High Country Club’s Chapter 7 bankruptcy liquidation. Click here for more. TRD [more]

100 West 81st Street

From the January issue: Amongst a handful of onlookers huddled around an auctioneer in the
rotunda of the New York State Supreme Courthouse last month, a real
estate investor placed the winning bid on an alcove studio for what
seemed like the deal of the century. The price: $28,000.
Yes, that’s right, $28,000 for an apartment in a pristine Upper
West Side co-op building across from the Museum of Natural History. By comparison, a similar studio in the 100 West 81st Street
building sold for $460,000 in 2005, the most recent comparable sale. The shockingly low sale price — more on par with a car than a
Manhattan home — was just $600 more than the amount owed on the
apartment.