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Court Appoints Restructuring Officer For Fordham Towers

C-SPAN Radio New York City 6d6d Impact 6
The landlord has reportedly over-leveraged the building multiple times while collecting monthly rent. The new officer has already hired a property manager to ensure necessary repairs are completed.

Topics

real estate housing legal

Developing

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Sources · 7 independent

C-SPAN Radio

“that court penalty includes the appointment of a chief restructuring officer who is in charge and has already hired a property manager to ensure that repairs are actually made.”

Bloomberg Radio

“A court has appointed a restructuring officer for Fordham Towers due to financial difficulties.”

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