Kent Swig, an embattled developer is facing foreclosure on the ritzy Park Avenue co-op where his wife is living during their divorce. Elisabeth and Kent Swing are facing a foreclosure lawsuit filed by Bank of America, which is seeking to toss Elisabeth from the two-story co-op at 740 Park Ave., because they haven’t paid a [...]
The troubled Henry T. Sloane mansion entered into foreclosure and in was sold at an auction to the sole bidder for about $40 million on Wednesday. The last owners of the house, at 18 East 68th Street, had paid $20 million in 2007 and tried to sell it for $64 million in early 2008, before [...]
New York foreclosure filings were up last month, making the first month-over-month increase this year after the robo-signing scandal pushed the brakes on the foreclosure process nationwide. The May numbers show a 20% increase compared to April, a source close to the state’s foreclosure practice said adding that most of the notices were given to [...]
L&L Holdings shows interest in buying the distressed property located at 1107 Broadway, which is being sold in a public auction on June 29. The property belonged to Yitzchak Tessler who got caught up in the Lehman bankruptcy and now is being foreclosed on. According to marketing material sent to prospective bidders, the L&L bid [...]
A development site at 612-618 West 47th Street has been sold for $6.79 million in a foreclosure auction, New York city records show. The listing says “the subject property is an infill development site located on the south side of West 47th Street between Eleventh and Twelfth Avenues. It consists of three lots with a [...]
