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Thor Equities' Joe Sitt and 725 8th Avenue (Credit: Google Maps)

Thor facing foreclosure at Theater District building

Thor Equities may not get the chance to rock out with Sammy Hagar after all. Joe Sitt’s firm is...

Home foreclosures dropped nearly 20% in Q3, report shows

Home foreclosures dropped nearly 20% in Q3, report shows

UPDATED, 8:36 a.m.: There is growing unease about an impending recession, but at least one economic indicator isn’t pointing...

Manhattan’s 10019 zip code, which covers Midtown, Times Square, Herald Square and Midtown South, saw the most foreclosures in the borough with eight. (Credit: iStock)

Manhattan foreclosures soar 118%, driven by mortgage defaults

Residential foreclosures in Manhattan and Staten Island are skyrocketing — but the other boroughs are having better luck. Foreclosures...

15 East 63rd Street and Oleg Cassini (Credit: Google Maps and Getty Images)

Oleg Cassini’s former UES headquarters faces foreclosure

UPDATED, June 21, 12:30 p.m.: An Upper East Side townhouse that was once house the headquarters of the late...

Mayor Bill de Blasio and Frank Carone (Credit: Getty Images)

City tapped De Blasio donor to take over foreclosed properties

Frank Carone’s RiseBoro Community Partnership and Nancy Lepre’s Avante Contracting were among groups that gave at least $100,000 to...

416 West 25th Street and Maverick Real Estate Partners principal David Aviram (Credit: Google Maps and LinkedIn)

Lenders in glass houses? Judge rules Maverick can’t foreclose on Chelsea property because it violated loan agreement

In a somewhat ironic ruling, a New York state Supreme Court judge ruled that Maverick Real Estate Partners can’t foreclose on a Chelsea apartment...

Foreclosure starts are up in 17 states and a number of major cities. (Credit: iStock)

Nationwide foreclosure rates continue to drop, but problem areas remain

Nationwide foreclosure numbers continue to trend downward, though Miami and Orlando are among the notable cities where warning signs...

The Bluestone Group's Eli Tabak and 90-02 Queens Boulevard (Credit: Eli Tabak)

Bluestone buys Queens building for $85M at foreclosure auction

Bluestone Group spent $85 million to take back a Queens property at a foreclosure auction on Friday morning, according...

Queens property purchased for $125M by Chinese firm headed to foreclosure

Queens property purchased for $125M by Chinese firm headed to foreclosure

An Elmhurst building that was formerly part of St. John’s hospital is now in foreclosure and will be auctioned...

NoMad Hotel to hit the auction block

NoMad Hotel to hit the auction block

New owners may soon be checking into the NoMad Hotel. The hotel’s mezzanine lender, Colony Capital, initiated a UCC foreclosure auction on the 168-key luxury hotel, Commercial Observer reported. The hotel — owned by...

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