SL Green bumped from Worldwide Plaza management
The fate of ownership at Worldwide Plaza remains up in the air, but there’s been a quiet change in day-to-day management. Cushman & Wakefield replaced SL Green as the property manager at 825 Eighth Avenue, Bisnow reported, citing court filings. A judge approved the change, which needed to take place by July 1, though it hadn’t been publicly disclosed in recent weeks. Hilco Global, which was appointed as a temporary receiver of the property after a foreclosure filing early this year, created bank accounts, found insurance coverage and hired leasing brokers as part of the transition. None of the parties […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Credit Scoring Is Changing: 3 Things Homebuyers Should
Know
Don't Let the Fear of a Buyer Backing Out Scare You Away
from Selling
Who’s Buying Homes with Cash Right Now?
Why Builders May Be More Motivated To Sell Than
Homeowners
What a Property Manager Really Costs (and How to Self-Manage
for Less)
Is the Housing Market About to Crash? What the Data
(Actually) Shows
First-Time Landlord? How to Find Great Tenants on Your Own
(Rookie Reply)
What’s at stake for real estate on election day
“Like pouring gasoline onto the fire”: Mitch Kossoff
explains stealing from clients to prop up failing
businesses
Madison Capital, Lubert-Adler finally sell 71 Fifth Ave
leasehold
