Fisher Brothers heads to Israeli bond market to buy JPMorgan out of Midtown office
Fisher Brothers is turning to the Israeli bond market to buy out JPMorgan Asset Management’s stake in 605 Third Avenue. The New York-based developer is seeking to raise about $100 million on the Israeli bond market as unsecured bonds. A British Virgin Islands company tied to Fisher Brothers filed a
Empire State Realty Trust quickly unloads 1359 Broadway
Tony Malkin’s Empire State Realty Trust wasted little time offloading a Garment District office building as the company’s transaction spree continues. Joe Sitt’s Thor Equities purchased the property at 1359 Broadway for $218 million, the Commercial Observer reported. The deal for the 486,000-square-
Judge tosses Mark Nussbaum’s bad faith bankruptcy filings
Mark Nussbaum’s attempt to wind down his former law firms in bankruptcy court was blocked by a judge who said the filings were made in bad faith. Nussbaum, who is accused of running a Ponzi scheme through his law firms’ escrow accounts, put his defunct law firms, Nussbaum Lowinger and Mark J. Nussba
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