RWN Buys Harlem Bankruptcy Site At Auction
Ari Shalam’s RWN Real Estate Partners emerged as the top bidder in a bankruptcy auction to buy Hans Futterman’s distressed development site in Harlem.
Ari Shalam’s RWN Real Estate Partners emerged as the top bidder in a bankruptcy auction to buy Hans Futterman’s distressed development site in Harlem.
The Real Deal reports that shortly after buying a distressed Harlem development site at an auction late last year, RWN Real Estate Partners is selling it to Happy Living Development, one of the competing bidders.
Department of City Planning (DCP) Director Dan Garodnick and New York City Economic Development Corporation (NYCEDC) President and CEO Andrew Kimball,
The Real Deal reports that Hans Futterman has lost control of his troubled Harlem development site, after a failed last-ditch attempt to pay back creditors on the 127-unit residential project.
Developer Hans Futterman’s vacant Harlem site at 300 West 122nd Street, which fell into foreclosure last year, has hit another snag said source.