The Traderszone Network

Published in TZ Latest News 25 September, 2016 by The TZ Newswire Staff

“Bankruptcy Baron” may live to buy again

After years of fighting creditors, James McGown – the so-called “Bankruptcy Baron”— is seeing his real estate empire crumble. McGown, who Crain’s once wrote has filed “so many Chapter 11’s, he could write a book,” is being forced to sell his Red Hook property, an abandoned four-story walk-up at 300 Van Brunt Street. He will also unload a Carroll Gardens bar and two Gowanus apartment buildings, in a series of auctions ordered by the U.S. … [more]

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