Cooper Union, which owns the land the 77-story Chrysler Building sits on, moved to end Rosen’s stay at the property in September after RFR missed $21 million in ground-rent payments due since May, as ...
In commercial real estate today, “distress” is the word most often attached to office properties. But there’s another kind of distress that goes beyond capital stacks and debt coverage levels. The ...
An intense legal battle over ownership of one of New York City’s most iconic buildings has come to a close with a court order issued Wednesday. The judge ordered RFR’s ejection from the 1.2M SF ...