New YorkMay 22, 2024Joe Sitt takes $97M loss on one of Madison Avenue’s priciest retail propertiesPalm Beach-based TZ Capital paid $180M, 35% discount to 2013 price
New YorkJan 22, 2024Thor Equities’ 597 Fifth Ave value cut in halfScribner Building, 3 East 48th Street now worth less than their debt
ChicagoAug 2, 2024Bondholders sue JPMorgan over $333M Palmer House hotel foreclosureLender accused of withholding information about complex ownership structure when packaging loan into commercial mortgage backed security