The Traderszone Network

Published in TZ Latest News 7 November, 2017 by The TZ Newswire Staff

Judges dismisses Toledano suit over building sale to Delshah

A federal judge threw out a bankruptcy case filed by Raphael Toledano, blocking his effort to stop the sale of an East Village property to Michael Shah’s Delshah Capital. In August, Toledano filed for bankruptcy on an 11-unit building at 97 2nd Avenue, which was foreclosed on earlier this year. Toledano lost control of the property when he defaulted on a $2 million loan from Brian Lefkowitz’s Lefko Funding, for which it served as collateral. […]

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