Architect’s widow sues Chetrit over death at Flatotel conversion
The widow of the architect who fell to his death last year at the Chetrit Group’s condo conversion of...
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Portion of profits from Chetrit’s Flatotel will be frozen pending money laundering allegations
Two Kazakh bigwigs who allegedly participated in an international money laundering scheme by stashing money in a Chetrit Group project won’t be able to access...
Chetrit, Bistricer pay $180M for Flatotel
Joseph Chetrit and David Bistricer have closed on the 46-story, 289-room Flatotel property at 135 West 52nd Street for $180 million, Crain’s reported. A conversion into high-end residential condominiums is in the cards for...
Alexico Group files for bankruptcy protection on two hotels
Four months after a court ruled debtholders could foreclose on its Alex Hotel and Flatotel properties in Midtown, Alexico...
Developers sue Anglo Irish Bank for $1B
Developer Simon Elias and Flatotel Developers Simon Elias and Izak Senbahar of the Alexico Group are suing Anglo Irish Bank for $1 billion in a funding dispute over $500 million of loans that the...
Anglo Irish Bank could close within months
Lender Anglo Irish Bank will cease to exist within a few months’ time, according to Ireland’s central bank. The...
Loans on Alexico-owned hotels hit market
Louise Sunshine and the Mark Anglo Irish New York is quietly selling loans on three upscale hotels owned by Alexico Group totaling $350 million to $400 million, industry sources told Crain’s. It was unclear...
Loans on Alexico-owned hotels hit market
Louise Sunshine and the Mark Anglo Irish New York is quietly selling loans on three upscale hotels owned by Alexico Group totaling $350 million to $400 million, industry sources told Crain’s. It was unclear...
Flatotel developers formally indicted for fraud
Flatotel at 135 W. 52nd St. in Midtown, Manhattan Mauricio Cohen Assor and son Leon Cohen-Levy, the developers and...