#bankruptcy-sale

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fromBusiness Insider
1 week ago

See the 50,000-square-foot Gilded Age mansion at the center of a billion-dollar bankruptcy

The Crocker-McMillin mansion, an opulent estate overlooking northern New Jersey's Ramapo Mountains, has a fascinating history, stretching from its 1907 construction by a railroad baron's son to its 2024 bankruptcy seizure from notorious fraud convict Miles Guo. The 50,000-square-foot home - embellished throughout with wood and marble carvings - is now for sale for $19 million, and includes its original floor-to-ceiling Aeolian brand player pipe organ, a thundering symbol of Gilded Age excess.
Real estate
#rent-stabilized-housing
fromCity Limits
2 weeks ago
Real estate

Judge Approves Sale of More Than 5,000 Rent-stabilized Apartments in Pinnacle Portfolio

A bankruptcy judge approved sale of a 5,000-plus unit rent-stabilized portfolio to Summit Properties despite city and tenant objections about repairs.
fromFortune
3 weeks ago
New York City

NYC fights sale of bankrupt rentals after Mamdani blasts living conditions | Fortune

New York City seeks to block a bankruptcy sale of thousands of rent-stabilized apartments over tenant conditions and buyer capability.
fromFortune
3 weeks ago
New York City

NYC fights sale of bankrupt rentals after Mamdani blasts living conditions | Fortune

Food & drink
fromThe Mercury News
4 months ago

A Silicon Valley engineer's go-to lunch spot closed. So he bought the place.

John Vink bought and reopened a favorite Armadillo Willy's in Sunnyvale as Empire Armadillo BBQ & Deli to preserve his weekly Pit-Smoked Boneless Chicken Sandwich.
Real estate
fromLos Angeles Times
5 months ago

Graffiti-tarnished towers in downtown L.A. remain in limbo

Unfinished Oceanwide Plaza's graffitied high-rises remain unsold amid bankruptcy, halted construction, high costs, and stalled auctions, harming downtown Los Angeles' image.
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