As cycle plays out, personal guarantees from Chetrits, Aby Rosen are coming into play, giving lenders more grist for lawsuits ...
A judge ruled against RFR Holding, evicting them from the Chrysler Building due to unpaid rent totaling $21 million.
SL Green is another recent winner of the extend-and-pretend trend. The firm locked down a three-year extension on the $740 ...
Judge Jennifer Shecter granted a motion sought by the building’s landlord, Cooper Union, to evict the tower's operator, RFR, after the firm defaulted on $21 million in rent and other obligations.
Manhattan-based RFR was evicted from the property Wednesday after a New York State Supreme Court judge ruled its ground lease ...
Loan modifications surged to $35.5 billion amid rising defaults. Long-standing predictions that many CRE loans would ...
The high profile battle over the iconic skyscraper’s ground lease came to an end Wednesday when a judge told RFR that its ...
Aby Rosen has lost the Chrysler Building. Yesterday, a Manhattan judge terminated RFR’s ground lease and ordered RFR Holdings ...
Owner of Midtown’s Seagram Building and the Financial District’s 17 State St., RFR was ordered to leave the Chrysler Building after falling behind on rent to the college Cooper Union, which owns the ...