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Real Estate & Property Law

: The Home Equity Theft Reporter

Bronx Tenants Sue Lender To Cough Up Cash For Urgent Repairs To Building Abandoned By Landlord As Bank Scrambles To Unload Unwanted Promissory Note

By r morris

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In The Bronx, New York, Crain's New York Business reports:A group of Bronx tenants filed a lawsuit Thursday seeking to force New York Community Bank to hand over money to repair eight foreclosed buildings riddled with code violations.The suit is similar to one filed last year by tenants in foreclosed buildings that had been bought by Los Angeles-based Milbank Real Estate. In that case, a Bronx

Full post as published by The Home Equity Theft Reporter on March 14, 2011 (boomark / email).

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