Commercial Real Estate Direct Staff Report A New York County Supreme Court ruling yesterday could pave the way for a foreclosure to take place even as Governor Andrew Cuomo has placed a moratorium on such actions through Aug. 19. Judge ...
Commercial Real Estate Direct Staff Report A mezzanine lender, whose attempt to conduct a foreclosure auction was temporarily delayed last month by the New York County Supreme Court as a result of the coronavirus pandemic, has argued in a court filing ...
Commercial Observer Ashkenazy Acquisition Corp. has filed a motion in the U.S. Bankruptcy Court for the Southern District of New York to force the 190-room Surrey Hotel in Manhattan into bankruptcy. The New York company had provided a nearly $45 ...
The Real Deal Neiman Marcus Group's possible bankruptcy filing could impact the 1-million-square-foot Shops & Restaurants at Hudson Yards mall at 30 Hudson Yards in Manhattan. The retailer anchors the mall, which a venture of Related Cos. and Oxford Properties ...
Reuters Neiman Marcus Group is preparing to file for bankruptcy as early as this week. The Dallas retailer is negotiating a loan with creditors for hundreds of millions of dollars to help it sustain some operations during bankruptcy proceedings. The ...
New York Post Le Pain Quotidien is considering permanently closing 19 of its 100 locations in the United States. The bakery chain temporarily closed all of its U.S. stores last month - it laid off all of its 2,000 U.S. ...
Crain's New York Business Town Sports International Holdings Inc., the owner of the New York Sports Club fitness chain, is considering filing for Chapter 11 bankruptcy as its roughly 200 fitness centers were forced to close due to the coronavirus ...
The Real Deal The 19-unit Pool House residential condominium project in Manhattan is being offered for sale through a bankruptcy auction. Six Sigma, the New York developer behind the project, filed for bankruptcy two years ago after its ...
The Real Deal Dean & Deluca, a Wichita, Kan., grocery store chain that filed for Chapter 11 bankruptcy earlier this week, owes Midtown Equities $21.5 million for unpaid rent at 29 Ninth Ave. in Manhattan. The store has been closed ...
Crain's New York Business A $154.6 million loan against a Brooklyn, N.Y., development site has defaulted. Apollo Commercial Real Finance provided the loan, which serves as collateral for several buildings owned by a venture of RedSky Capital and JZ Capital ...
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© 2023 Commercial Real Estate Direct All rights reserved..