Developer Stephane Boivin, who is developing a mixed-use condominium project on the site of a Soho townhouse that belonged to the Beastie Boys’ Adam Horovitz, is facing a $5.6 million foreclosure suit by an investment firm that claims he demolished the property without permission. Silo Capital, a Stamford, Conn.-based private equity fund, alleged that Boivin, operating through a firm called Nordica Soho, improperly demolished 186 Spring Street, which was used as collateral for a loan … Continue reading Developer faces foreclosure at former Beastie Boys property