A medical office building on the Upper East Side, located at 162 E. 78th St., is facing foreclosure risks as its owners are accused of being over a year behind on mortgage payments. The lenders, including Blackstone, claim that the property owners, Feil Organization and Rosen Equities, defaulted on a $9 million loan since February 2024. With occupancy issues, as less than half of the building is rented out to various medical professionals, the potential for a court-ordered foreclosure auction looms.
An Upper East Side medical building, at risk of foreclosure, faces challenges as its owners are over a year behind on mortgage payments, with significant financial implications.
Lenders, including Blackstone, have filed a lawsuit against the owners of a medical office building in Manhattan, seeking action after defaulting on a substantial loan.
Collection
[
|
...
]