“Leaning” Seaport condo facing foreclosure on $120M loan
The lender behind a troubled condominium building in the South Street Seaport is seeking to foreclose on more than...
foreclosures
The Latest
All Year Management in default on $170 million Brooklyn mortgage
All Year Management is in some new trouble. The company’s prime rental property is already scheduled for a Uniform...
Foreclosures tied to 4 HFZ condo buildings halted, for now
HFZ Capital Group scored a victory in a legal battle against its lender CIM Group — but the prolific...
National
Foreclosure filings are way down. There’s a reason
One of these is not like the others: Homeowners are still struggling to meet their monthly mortgage bills, the...
Former Brooklyn lawyer accused of $8M deed theft scheme
A former Brooklyn attorney has been indicted for carrying out a nearly $8 million deed theft scheme, a practice...
National
Mortgage originations at 2nd highest level in 20 years: Fed
Mortgage balances rose in the third quarter as foreclosure filings fell, according to the Federal Reserve Bank of New...
Two-year foreclosure battle in Tribeca culminates in bankruptcy filing
The owner of a five-story commercial building in Tribeca has filed for bankruptcy, facing foreclosure and $23 million in...
National Insights
Foreclosure filings picked up in October up despite moratoriums
Despite federal and state moratoriums, foreclosure activity in the United States ballooned last month. Nearly 12,000 properties had some...
Issue
Foreclosure filings ramp up, especially in minority neighborhoods
Claire Smith hesitates to call herself a landlord. At least, she said, not a “corporate landlord.” Growing up in...
National
Hudson’s Bay, Simon Property Group hit with $846M foreclosure lawsuit
Wilmington Trust is suing a joint venture between Simon Property Group and Hudson’s Bay Company for allegedly failing to...