The Traderszone Network

Published in TZ Latest News 14 September, 2017 by The TZ Newswire Staff

CIM to buy troubled Gramercy building — if the judge allows it

CIM Group agreed to buy the Gramercy office building 67 Irving Place out of bankruptcy for $44 million, but the deal is still awaiting court approval. In a statement filed in federal bankruptcy court earlier this week, attorneys representing the troubled building said they seek approval of the sale in a Sept. 26 hearing. Landlord Puble N.V., headed by Charis Lapas, filed for bankruptcy in May. It owed $13.3 million to mortgage lender Dalan Management […]

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