fromtherealdeal.com
20 hours agoDynamic Star's troubled Bronx megaproject faces new foreclosures
A lender is pursuing two non-judicial foreclosures on equity interests tied to two phases of Fordham Landing, a multi-billion-dollar mixed-use development along the Harlem River, according to marketing notices. Dynamic Star, led by Gary Segal and Brad Zackson, is developing the megaproject with Namdar and Gorjian Acquisitions. A mysterious lender, which shares an address with Brooklyn-based Cremac Asset Management, alleges entities tied to Segal and Zackson's Dynamic Star, along with their development partner Namdar Realty, owe $55.1 million.
Real estate