Former Extell CEO snaps up Scarsdale retail hub from Saks Global
A former Extell Development executive is getting in on the Saks Global selloff. Sagehall, a fund managed by one-time Extell chief executive officer Sush Torgalkar, purchased the property at 750 White Plains Road in the New York City suburb of Scarsdale for $80 million, the Commercial Observer report
Starwood notches win against Alan Stalcup in personal guarantee suit
GVA’s Alan Stalcup could be facing a hefty penalty after a court sided with a lender seeking up to $110 million.. Starwood was awarded summary judgment this week in three New York cases against Stalcup personally, over his role as CEO of the Texas-based multifamily syndicator GVA. The lender said S
Nussbaum bankruptcy sparks blowup with lawyer
The dissolution of Mark Nussbaum’s former law firm Nussbaum Lowinger somehow keeps getting uglier. Sheldon Eisenberger, the attorney overseeing Nussbaum Lowinger’s wind down since last June is firing shots at Nussbaum, his personal lawyer, and a restructuring officer, about two weeks after the firm
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