Progressive San Francisco DA is recalled; he notes big spending by ‘right-wing billionaires’
ABA Journal Daily News
ABA Journal Daily News
The money, a source familiar with the deal said, is enough to plug shortfalls that had threatened to derail construction of the $ 1 billion project. The needlelike tower, which will soar more than 1,400 feet into the air, was envisioned by a partnership between JDS Development and Property Markets Group. Foreclosure News
An obscure real estate investor who poured $ 66 million into an ultraluxury condo tower rising on Billionaire's Row has lost a last-gasp attempt to hold onto his stake in the project. A New York state appellate court rejected a request for a restraining order by Richard Bianco's firm AmBase to block a foreclosure by […]
When a full-floor penthouse at Manhattan's One57 sold at a foreclosure auction, it didn't just settle an international mortgage gone bad. The deal also set a new price standard for the Billionaires' Row tower that once stood as a symbol of unlimited extravagance. Foreclosure News
While a disgraced Nigerian oil-trading billionaire is on the run from authorities , his posh West 57th Street pad is back on the market – at the wholesale price of $ 39 million. Kola Aluko is believed to be on his $ 80 million 213-foot yacht , the Galactica Star, dodging justice. Foreclosure News
It was a simple phone call between two real estate billionaires that led to the formation of a behemoth in the house-rental industry. Property investor Barry Sternlicht called Jon Gray, head of real estate for Blackstone Group LP, in the spring proposing a combination of Starwood Waypoint Homes, of which Sternlicht is chairman, and Invitation […]
In December, the condo board at One57, the ultra-luxury skyscraper on Billionaires' Row, slapped the owner of a $ 50.9 million unit with a $ 64,331 bill for unpaid building fees. Six months later, the owner, Nigerian oil magnate Kola Aluko, was under investigation for alleged money laundering. Foreclosure News
Manhattan's One57 boasts opulently luxurious condominiums, expansive views of the New York City skyline, and price tags that exclude all but the ultra-wealthy. Oddly, the property is now experiencing its second foreclosure in a month. Foreclosure News
A full-floor penthouse in the landmark One57 condo building is headed to the auction block after it was seized under foreclosure, Bloomberg reported. This is most likely the largest foreclosure in the history of high-end real estate in New York City, experts say. Foreclosure News
Billionaire's Row is headed toward Skid Row now that a second luxury condo at 157 W. 57th Street is slated to be sold in a foreclosure auction. The building, known as One 57, is home to the city's only $ 100 million condo. Foreclosure News