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: Loan Modification & Home Loan News

Stuyvesant Town Judge Blocks Pershing-Led Foreclosure

By Moe Bedard

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Senior lenders to New York?s Stuyvesant Town-Peter Cooper Village apartment complex won their bid to stop a foreclosure sale sought by investors including Bill Ackman?s Pershing Square Capital Management LP. State Supreme Court Justice Richard Lowe in Manhattan agreed to issue a preliminary injunction blocking a foreclosure sale by Pershing Square and Winthrop Realty Trust, [...]

Full post as published by Loan Modification & Home Loan News on September 17, 2010 (boomark / email).

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