Bankrupt NJ developer accused of $630M fraud
The trouble keeps building for National Realty Investment Advisors. Fresh off a bankruptcy filing, the home builder was accused...
bankruptcy
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Embattled NJ developer files for bankruptcy
National Realty Investment Advisors, a troubled developer with projects in Brooklyn, Florida, New Jersey and Philadelphia, has filed for bankruptcy. The New Jersey-based firm filed for Chapter 11 protection in federal court last week...
Issue
How a White Plains judge became a favorite refuge for NYC developers
When Toby Moskovits stood to lose her trendy Brooklyn hotel to foreclosure last year, she charted a course to...
New York
What 3 big mall bankruptcies say about the state of retail
In “Mallrats” — the quintessential movie about ’90s mall culture — a character is driven mad trying to find...
National
Washington Prime Group back from bankruptcy; CEO out
Just a few months after filing for Chapter 11, mall operator Washington Prime Group has emerged from bankruptcy. When...
National
Fifty former Sears stores go to market
The owner of the defunct Sears franchise is looking to unload a chunk of properties. Andrea Olshan, chief executive officer of the real estate investment trust Seritage Growth Properties that bankrupt Sears formed five...
National
Washington Prime Group files for Chapter 11 bankruptcy
In November, with mall owners getting crushed, Washington Prime Group CEO Lou Conforti said that bankruptcy was off the...
National
Katerra employees fire back with lawsuit over abrupt closure
Reports surfaced June 1 that construction startup Katerra was shutting down its U.S. operations. Three days later, mass layoffs...
National
Katerra files for bankruptcy
Even after shedding hundreds of millions of dollars in debt late last year and receiving a $200 million bailout, Katerra has resorted to bankruptcy in its struggle to survive. The company filed for protection...
National
Struggling hotel company handing Brookfield the keys
Out of options, a struggling hospitality trust is handing over its control to Brookfield Asset Management through the bankruptcy...
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