Toby Moskovits’ Williamsburg Hotel is headed for receivership following $68M loan default
Months after defaulting on a $68 million mortgage and failing to secure refinancing, Toby Moskovits’ Heritage Equity Partners is set to see management of...
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Flatiron office property slated to hit foreclosure auction block
(Updated at 10.20 a.m. on October 22 with auction date) A Flatiron District office building one block from Madison Square...
UWS rental building to hit foreclosure auction block
An 81,339-square-foot Upper West Side apartment building is set to hit the foreclosure auction block next month with an...
Defaulted homeowners more likely to stay at home
Lenders have become more willing to keep defaulted homeowners in their own homes, the New York Times reported, marking a...
Extell’s Belnord no longer in distress
Extell Development’s Belnord and Kushner Companies’ 666 Fifth Avenue both made it off Trepp’s list of distressed properties for...
U.S foreclosure filings take small dip in November, but trouble looms
Seasonal factors depressed new national foreclosure filings in November, according to a report released today by RealtyTrac, but storm...
Foreclosure filings jump as lenders correct paperwork issues
Foreclosure filings jumped 7 percent nationwide in October from the previous month, but remain nearly 31 percent below last...
SE Queens still struggling with foreclosures
While many parts of the nation are seeing a decrease in the number of mortgage defaults and other home...
NYC sees near 20% drop in foreclosures, Queens sees dramatic drop in activity
New York City saw 1,541 foreclosure filings in May, marking an 18.25 percent plummet from May 2009, according to...
U.S. commercial defaults spike in 1st quarter
Source: FDIC The rate of default on U.S. commercial mortgages jumped to 4.17 percent in the first quarter of...
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