Bank of America and US Bancorp filed a lawsuit Wednesday to stop the foreclosure auction of New York City’s largest multifamily development, Peter Cooper Village-Stuyvesant Town. The hedge fund that’s helping mall owner General Growth Properties emerge from the largest bankruptcy in the history of the United States, Pershing Square Capital Management, is now a key player in an attempt at resolving one of the largest-ever commercial mortgage defaults.
0 minute readBofA, US Bancorp sue to stop foreclosure of massive NYC apartment complex
August 19, 2010, 2:02pm
Christine was a reporter with HousingWire through August 2011.see full bio
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Christine was a reporter with HousingWire through August 2011.see full bio