Gloria Vanderbilt’s former Upper East Side mansion could be headed for the auction block. The developers who purchased the heiress and fashion icon’s former home with plans to convert it to high-end condos have defaulted on their construction loan, court documents show. And now their lender is trying to foreclose on the property. Ilan Bracha and Haim Binstock’s B+B Capital teamed up with Daniel Minkowitz’s Mink Development to buy the landmarked home for $19 million
source https://therealdeal.com/2020/06/29/vanderbilt-mansion-condo-conversion-in-foreclosure/
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