100 Wall Street, a 29-story, 504,000 square-foot building was acquired by Savanna, a New York-based real estate company though foreclosure auction. The title of the Class A building now belongs to the real estate private equity and management firm. Herrick Feinstein LLP and Savanna worked together for the transaction to close and Savanna to gain [...]
The foreclosure auction of a new boutique hotel in the Flatiron District was postponed Tuesday morning, as the developers of MAve hotel filed for Chapter 11 bankruptcy protection Monday. Court documents show that Madison Hotel Owners filed for reorganization. Joseph Ben Moha, owner of Roxy Deli and Benzon Suky, a principal at Livorno Properties are [...]
Peter Cooper Village and Stuyvesant Town, the ailing apartment complex is now attracting the biggest name in finance and real estate, such as investor William Ackman. Mr. Ackman leads a partnership which hopes to gain ownership at a foreclosure auction scheduled on August 25. However, this isn’t sure yet, because the list of potential buyer [...]
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