distressed properties

Ari Shalam’s RWN Real Estate Partners emerged as the top bidder in a bankruptcy auction to buy Hans Futterman’s distressed development site in Harlem. RWN...

The trend has already been playing out in New York for some time, where some of the city’s most prominent developers have stepped in...

From the June issue: For Hans Futterman, it was a dream defaulted.  The developer assembled a vacant plot of land — formerly a Shell...

In December, Kevin Maloney and Kamran Hakim gave up on a development site in Long Island City they’d spent nearly three years assembling. The...

UPDATED, 5:49 p.m., October 1: Savvy real estate investors made a killing on distressed properties in the wake of the financial crisis. But as...

A Queens resident has filed the first New York City case under the new “distressed-property consultant law,” accusing two affiliated companies of swindling her...

The 2012 purchase of New York’s Cassa Hotel, whose owners were in bankruptcy proceedings, is but one example of Chinese investors snapping up commercial properties...

New York State is pledging $60 million over three years to fund counseling and legal services for New York homeowners of distressed properties. The...

Lenders are increasingly turning to short sales for foreclosed properties, providing relief for both the distressed homeowner and the U.S. residential real estate market,...

From left: Mark Lebow, Seymour Boyers, Howard Vargas, Paul Vallone and Marc Landis Lawyers appointed by judges to be receivers of distressed properties typically...

New York Community Bank has unloaded the mortgages on Van Cortlandt Village, three foreclosed Bronx buildings on Sedgwick Avenue, in the latest in a...

The mortgage on Joseph Moinian’s 1775 Broadway is now 60 days delinquent, and with around $249 million outstanding on the loan, the newly distressed...

The Blackstone Group, headed by CEO Stephen Schwarzman, is well-positioned to take advantage of distressed properties as it looks for opportunities across the U.S....

From the December issue: In what may be an attempt to live up to its name, luxury condo developer Alchemy Properties plans to invest...

Simon Development Group, which helped open the Hill Country BBQ Market in Chelsea, is starting an opportunity fund for investors interested in distressed properties....