• 09/21/2024

Owner of Mixed-Use Property in Manhattan Files for Bankruptcy

Wall Street Journal

The owner of mixed-use building Bloom on 45th in Manhattan has filed for bankruptcy, saying fallout from the Covid-19 pandemic as well as interest-rate hikes have made it unable to meet its debt obligations.

https://www.wsj.com/articles/owner-of-mixed-use-property-in-manhattan-files-for-bankruptcy-e79e0b0a