Aulder Capital Seeks To Foreclose On UES Apartment Buildings
Lender Aulder Holdings filed a notice for a UCC foreclosure sale for the interests in a 37-unit multifamily assemblage owned by Ruben Azrak.
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Lender Aulder Holdings filed a notice for a UCC foreclosure sale for the interests in a 37-unit multifamily assemblage owned by Ruben Azrak.
Recent commercial real estate transactions in New York.
Maverick Real Estate Partners principal David Aviram and the buildings to be sold. (Rosewood Realty Group) The lengthy saga between lender Maverick Real Estate Partners and landlord Chaskiel Strulovitch could be nearing an end. Of Strulovitch’s 31-building portfolio, 13 properties are up for sale while loans on the rest of the portfolio are either being reinstated or paid off, according to David Goldwasser, the chief restructuring officer handling the Chapter 11 bankruptcy. The dispute, which involves 18 entities connected to Strulovitch’s Brooklyn multifamily portfolio, goes back to 2017...
Share via Shortlink Development site for Marker 27. (Marketing materials from Rosewood Realty Group obtained by The Real Deal / Drone Photo by Frank Galasso, Vertical Media) Westchester County developer DeNardo Capital filed for Chapter 11 bankruptcy Tuesday, stopping a planned foreclosure auction on its luxury condo project. Greenwich, Connecticut–based SilverPoint Capital was planning a UCC foreclosure sale on interests in the Marker 27 project in Irvington, New York. The sale was scheduled for Feb. 18, according to marketing materials reviewed by The Real Deal. SilverPoint Cap...
An Upper East Side building with a storied past is about to hit the market. The 35-foot-wide property at 51-53 East 73rd Street, which was owned by Grace Kelly before she became European royalty, is slated to list next month. Built in the 1880s, the building is between Park and Madison avenues, two blocks from Central Park. Until recently, the property was split between rental apartments and medical offices, though all tenants have been gone since a year ago. Greg Corbin of Rosewood Realty Group, who is handling the sale, said it will be marketed as a single-family mansion development opportu...