Just before a long-delayed Hudson Heights condominium project hit the auction block, its developer filed for Chapter 11 bankruptcy. Developer Rutherford Thompson filed for bankruptcy protection for the holding company that owns the development site at 33-35 Overlook Terrace, known as One Bennett Park, Crain’s reported. A foreclosure auction for the site was scheduled for August 15, but now the developer has extra time to find a buyer. “For the last several months, I have […]
source https://therealdeal.com/2018/08/20/developer-files-for-chapter-11-to-prevent-auction-of-hudson-heights-dev-site/
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