Finkelstein adds more debt to troubled Milbank portfolio
Scarsdale, N.Y.-based landlord Steve Finkelstein has made significant improvements to the dilapidated portfolio of Bronx apartments he bought last...
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Private equity firms snap up debt on small NYC rental buildings
Private equity firms such as Stabilis Capital Management, Madison Realty Capital and Onex Real Estate Partners have been buying...
Foreclosures cause rise in building violations for neighbors, too
Apartment buildings in foreclosure aren’t the only one’s that eventually suffer from building violations — their neighbors get hit...
Scarsdale landlord pays $28M for 10 violation-heavy Bronx buildings
Bronx residents in some of the city’s most decrepit buildings got some good news today, as Steve Finkelstein closed...
LA-based Milbank Real Estate “wrecked havoc” with city real estate purchases
509 West 212th Street (source: PropertyShark) Milbank Real Estate defaulted on the mortgage for its $4.79 million, 45-unit, rent-stabilized building on 212th Street and...
HPD lists NYC’s most distressed buildings
New York housing officials have identified 200 buildings they say are the most poorly maintained in the city, racking...
Distressed Irish bank selling Vantage Properties loan
Ailing Anglo Irish Bank underwrote hundreds of millions of dollars in real estate debt in New York during the...
LNR ordered to pay for repairs at foreclosed Bronx apartments
Special servicer LNR Property was ordered this morning to pay up for the $2.5 million in repairs needed at...
Bronx tenants motion could affect thousands in foreclosed apartments
Tenants at nine Bronx buildings in Kingsbridge have been forced to live in squalor since their landlord, Milbank Real...