New York City Apartment Complex Developer Loses Second Tower In Month

February 2, 2010 by Neil · 2 Comments 

Yair Levy’s development firm, YL Real Estate Developers, defaulted on its $165 million mortgage on Rector Square, a failed 303-unit condo conversion in Battery Park City. Levy attempted to buy time for Rector Square, located at 225 Rector Place, by … Read More

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Which New York City Multifamily Developer Faces Another Foreclosure?

January 16, 2010 by Neil · Leave a Comment 

This week, the lender on the Park Columbus Project, located at at 101 West 87th Street, got the green light to proceed with its foreclosure action against the delinquent developer. The lender joins the many creditors chasing after … Read More

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