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Archive for the ‘Real Estate’ Category
- 11
- Mar, 10
Lender files to foreclose on site of proposed 1800 Market project
Lender files to foreclose on site of proposed 1800 Market project.
Corum initially envisioned 1800 Market as a 12-story building with luxury for-sale condos and rental apartments plus retail space, and hoped to break ground in late 2006.
The developer subsequently altered the project to include roughly 300 apartment units and ground-floor commercial space in [...]
- 11
- Mar, 10
Feds: Man Conned Crown Heights Condo Owners
Feds: Man Conned Crown Heights Condo Owners.
Prosecutors say Ezagui, 48, enticed numerous victims to purchase condominiums in Crown Heights through ‘option agreements.’ Option agreements entitled the victims to purchase condominiums at a reduced price prior to construction.
Specifically, the victims paid between approximately $90,000 and $160,000 per unit and received contracts guaranteeing them the [...]