South Williamsburg resi project faces takeover by lender
A nearly completed South Williamsburg residential building could be taken over by its lender next month. As UCC foreclosures...
foreclosures
The Latest
Tri-State
NY foreclosure ban does not apply to shell companies, judge rules
As the pandemic drags on, New York’s foreclosure moratorium is starting to crack. On Nov. 12, an Orange County...
NY homeowners behind on mortgages get $539M from feds
Mick Jagger sang, “You can’t always get what you want, but if you try sometimes, you get what you...
Six-year fight to end with Williamsburg bankruptcy sale
Six years ago, Madison Realty Capital moved to foreclose on a two-building apartment property in Williamsburg. Owners Chaim Miller...
Attn brokers: Cease-and-desist could be coming to Brooklyn
When a housing market gets hot and supply shrinks, a certain kind of broker comes a-knockin’. Just ask Brooklyn...
Appellate court kills Maverick Real Estate’s Chelsea foreclosure bid
After three years of lawsuits, Maverick Real Estate Partners appears to have failed in its quest to foreclose on...
Lender seeks foreclosure on Standard High Line, alleging $187M owed
UPDATED Nov. 8, 2021, 1:00 p.m.: After a year and a half of missed loan payments, the Standard High...
National Issue
Capital pains: How lenders are getting creative to get paid
After six years and more than $70 million, Nightingale and Friedland just gave up: They handed over the keys. ...
National
RIP: Zombie homes on the decline
The housing market has risen from the dead since its scary crash, and zombie properties that once littered the landscape will be hard to find this Halloween — other than those decorated for the...
NY seeks $540M in mortgage aid. Homeowners need $6B
Another day, another underfunded aid package. After the state’s rent-relief program left landlords $3 billion short, a preview of...