Another one bites the dust. Earlier this month, the Broadway Bank of Chicago filed a lis pendens (usually a signal that foreclosure proceedings are not far behind) on 364 Bedford Avenue in Williamsburg. The bank had financed the Karl Fischer-designed project with a loan of $6,200,000.
364 Bedford Avenue [Property Shark] GMAP
Karl Fischer at 120 South 4th Street [Brownstoner]