Edward Minskoff sued for $138M over defaulted Dumbo loan
Corebridge Financial hit Edward J. Minskoff Equities with a $138 million pre-foreclosure suit on Friday. EJME defaulted on three mortgages tied to an 11-story office building at 29 Jay Street in Dumbo, Brooklyn, according to the lender. The note came due in November of 2024 and the maturity date was not extended, PincusCo reported. The loan was initially issued by AIG Investments, but later taken over by Corebridge Financial, which was formed in 2022 following a spinoff of AIG’s assets. EJME bought 29-35 Jay Street from the Forman Group in March 2020 for $61.5 million, when the site was occupied […]
This article originally appeared on The Real Deal. Click here to read the full story.
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