NEW YORK CITY-The Savoy Park group, which purchased the Savoy Park apartment complex consisting of 1,802 units in Harlem for $175 million in 2006, is looking to restructure the debt on the complex that amounts to $210 million.
NEW YORK CITY-The owner, Joseph Moinian, of an empty five-story building at 237 W. 54th St. is on the lookout for partners to construct a hotel at the site.
WASHINGTON, DC-Fannie Mae is set to launch a borrower-facing outreach site, which will provide distressed homeowners information on foreclosure alternatives and retention strategies.
NEW YORK CITY-Ruder Finn Group's operating division, RF Binder Partners has renewed the lease of its 21,672-square-foot headquarters in at 950 Third Ave. for a period of 10 years.
NEW YORK CITY-A lawsuit has been filed by Brown Harris Stevens, a real-estate broker, alleging that a commission of $880,000 was unlawfully denied to one of its agents in the 1009 Fifth Ave. townhouse sale to Carlos Slim.
NEW YORK CITY-Cord Meyer Development Co. is planning to buy an old tennis stadium from the West Side Tennis Club based in Queens and transform the stadium into condos.
CHICAGO-Gov. Quinn has inked a bill that will provide thousands of homeowners of Cook County a temporary relief on property taxes and provide reforms on property assessment for state residents.