20 Bayard Goes Belly Up
The sponsors of the condo 20 Bayard Street have filed for Chapter 11, according to a story in the Real Deal. The development, which was the priciest of the three Karl Fischer Row buildings overlooking McCarren Park, first showed signs of being on shaky financial ground when about half of its units were offered as…
The sponsors of the condo 20 Bayard Street have filed for Chapter 11, according to a story in the Real Deal. The development, which was the priciest of the three Karl Fischer Row buildings overlooking McCarren Park, first showed signs of being on shaky financial ground when about half of its units were offered as rentals last winter. Sponsors North Development Group, which is led by Isaac Hager, owe upwards of $10 million to 50 different creditors, according to the bankruptcy filings. What will this mean for the people who bought there?
20 Bayard Condo Files for Chapter 11 [The Real Deal] GMAP
Photo by zachvs.
Ditto while you are busy closing the barn windows the whole barn is burning down
scene from movie : burning building, lots of scared people.
Person #1 (IN LOTS OF SMOKE, CONFUSED) ” WHERE’S THE DOOR? THE FLOORPLAN THAT I PULLED UP VIA GOOGLE SEARCH ON MY IPHONE THRU STREETEASY SHOWS IT TO BE HERE EVERYONE!!! ”
Person #2 ” Uhhhh…..the door is locked”
zzzzzzaaaaaaaaaaaaarrrppppp
ditto – I know you were caught in a fight there, but my comment was aimed at hannible and his curious spelling of many things, not you.
antidope,
I doubt that I’m the only brownstone owner who’s outlasted his mortgage. There are quite a few of us old farts who aren’t renters now 🙂
>>I can see now why you spell Hannibal as Hannible.
I spelled it correctly. That is how he wants it spelled. What is your point, ditto B?
I can see now why you spell Hannibal as Hannible.
>>How about taking back all that ill gotten profit money from disshonest RE Brokers?
HAHA, hannible, good call!!
Btw, tell your friends to call these senators:
Chuck Schumer of new york
Bernie Sanders of VT
NOT to re-confirm Bernanke’s second term. His bailout of wall street using tax payers money has done nothing but made the bankers wealthy. It is despicable, unjust and affront to the american people. Bernanke needs to be stopped!!!!
StevieB, that is generous of you, but I doubt that crime is on the upswing in Bed Stuy just because I happened to move there and experience it.
How sweet it is! Anyone know when the COCOREAN Group will go belly up? How about taking back all that ill gotten profit money from disshonest RE Brokers?