Brooklyn developers Joseph Brunner and Abe Mandel are caught in a foreclosure lawsuit involving close to $20 million in mortgages for a Bushwick building. The lender, Benefit Street Partners Realty, charged in a suit filed in New York State Supreme Court that the developers, operating as 121 Morgan Holdings and Morgan BMB, defaulted on three mortgages totaling $19.75 million. The developers also allegedly failed to meet multiple deadlines to complete improvements to the former manufacturing
source https://therealdeal.com/2020/09/29/brooklyn-developer-duo-hit-with-foreclosure-lawsuit/
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