A portfolio of 195 properties is falling out of Gramercy Capital’s grasp after the real estate investment trust failed to pay off $790 million in loans, the company announced today. According to Bloomberg News,...
Third Avenue’s iconic Lipstick Building, scene of Bernie Madoff’s $65 billion Ponzi scheme, is nearing foreclosure, according to the Post’s Lois Weiss. Sources said the Royal Bank of Canada has hired Doug Harmon and...
SL Green Realty has taken sole ownership of 100 Church Street, the 1.05 million-square-foot office tower in the Financial District that is currently 58 percent vacant, according to SL Green. The Sapir Organization defaulted...
From left: SL Green’s Andrew Mathais, Roger Cozzi of Gramercy Capital, Alex Sapir of the Sapir Organization and 100 Church Street Five months after taking back 100 Church Street from the Sapir Organization, SL...
The Sapir Organization’s office rehabilitation project at 100 Church Street has financial challenges that extend beyond the scuttled lease...
Alex Sapir and 100 Church Street The Sapir Organization has filed a lawsuit against SL Green Realty and Gramercy...
Platinum Equity signs lease for new offices on Vanderbilt Avenue Platinum Equity, a Beverly Hills-based private equity firm, has relocated its New York offices from 250 Park Avenue to the 8,000-square-foot penthouse of 52...
