After months of legal wrangling and allegations of collusion and predatory lending, Heritage Equity Partners will lose control of its office development at 215 Moore Street in Bushwick. Judge Leon Ruchelsman has granted lender Fortress Investment Group’s motion to appoint a receiver for the property, which is subject to a defaulted $32.6 million mortgage. His May 22 decision was disclosed Wednesday. Over the past year, Heritage principals Toby Moskovits and Michael Lichtenstein have been coping
source https://therealdeal.com/2020/06/17/toby-moskovits-bushwick-generator-thrown-into-receivership/
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