A real estate portfolio that stretches across Flushing, Manhattan and Long Island has been pulled from the auction block as its owner filed for bankruptcy. Flushing developer and supermarket owner Jeffrey Wu threw three LLCs holding mezzanine debt on his properties into bankruptcy Wednesday. The loans, which total $15.3 million, had been put up for sale in an auction scheduled to close at 10 a.m. Wednesday. The auction was postponed. Wu, who also goes by
source https://therealdeal.com/2020/07/08/flushing-developer-throws-mini-empire-into-bankruptcy/
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