
How a White Plains judge became a favorite refuge for NYC developers
When Toby Moskovits stood to lose her trendy Brooklyn hotel to foreclosure last year, she charted a course to the suburbs. Moskovits’ Heritage Equity Partners was fighting with its lender, Benefit Street, who claimed the Williamsburg Hotel’s $68 million mortgage was in default. Brooklyn-based Herita

Russian mogul Ilya Karpov buys waterfront North Bay Road lot in Miami Beach for $21M
Russian businessman Ilya Karpov bought a waterfront Miami Beach lot for $20.8 million. Karpov purchased the 0.6-acre property at 2740 North Bay Road from Delphine Dray, who owns the National Hotel in Miami Beach, according to records. The site once held a two-story, light brown, barrel-tile roofed h

Chicago is losing its two-, three- and four-flat rental buildings, adding to affordable housing shortage
Chicago’s two-, three- and four-flat buildings are dwindling amid the COVID-19 pandemic, and with it renters are losing a staple of the city’s affordable housing market. A recent study from the American Bar Foundation and the University of Illinois Chicago found that some smaller building landlords
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