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Russian billionaire faces foreclosure on Plaza, 15 Central Park West condosRussian billionaire faces foreclosure on Plaza, 15 Central Park West condosAfter 12 years, Michael Jordan’s $15M Highland Park megamansion continues to flounders on the marketAfter 12 years, Michael Jordan’s $15M Highland Park megamansion continues to flounders on the marketSilverstein, Amex in talks to build 2 World Trade Center towerSilverstein, Amex in talks to build 2 World Trade Center towerA&E’s $600M delinquency shows rent-regulated pain in CMBSA&E’s $600M delinquency shows rent-regulated pain in CMBS
New York

Lev Leviev, Tommy Hilfiger … and more

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  • 1. Lev Leviev’s Africa Israel Investments is selling half of its equity stake in the old New York Times Building for $50 million [Crain’s]
  • 2. Tommy Hilfiger is listing his Plaza duplex apartment for $50 million [Post]
  • 3. Is it really the end for Coney Island’s Astroland? [AP]
  • 4. While New York City drives middle-class residents away, Houston welcomes them [City Journal]
  • 5. Prime mortgages now have more foreclosures than subprime ones [NYT]
  • 6. A look at Chelsea Enclave at 177 Ninth Avenue, between 20th and 21st streets [Curbed]
  • 7. The Museum of Arts and Design re-opens in its new home on September 27 [Sun]
  • 8. A look at 13 troubled deals done by private-equity firms [Barrons]
  • 9. Workers at developer John Catsimatidis’ Gristedes supermarket chain won their lawsuit seeking back-pay [Crain’s]
  • 10. Warren Buffet is becoming a real estate vulture [Bloomberg]
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