foreclosures

The Latest

Oleg Cassini’s former UES headquarters faces foreclosure

by Christian Bautista | June 20, 2019 11:45AM

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

City tapped De Blasio donor to take over foreclosed properties

May 28, 2019 02:00PM

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

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

by Kathryn Brenzel | May 20, 2019 05:30PM

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...

Nationwide foreclosure rates continue to drop, but problem areas remain

by Joe Ward | May 16, 2019 09:15AM

TRD NATIONAL

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

Bluestone buys Queens building for $85M at foreclosure auction

by Eddie Small | May 10, 2019 12:45PM

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

by Eddie Small | April 19, 2019 01:30PM

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

April 16, 2019 03:11PM

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...

More Americans are paying mortgages
on time

by Kenneth R. Harney | March 01, 2019 10:30AM

TRD NATIONAL

It’s a real estate and social barometer that doesn’t get a lot of publicity, but it’s important: More Americans...

Is New York City headed for another foreclosure crisis?

by Kathryn Brenzel | January 18, 2019 04:30PM

TRD ARCHIVE

When Canadian fashion mogul Maurice Benisti’s company lent nearly $19 million to a buyer of a new apartment at...

U.S. foreclosures drop to lowest level since 2005, but on the rise in Florida

by Alex Nitkin | January 17, 2019 08:05AM

TRD NATIONAL

American lenders last year initiated foreclosures on the lowest percentage of American homes since 2005, raising hopes that the...