The original Barneys New York department store building in Chelsea is on the verge of foreclosure. A limited liability company owned by Argentic Real Estate Investment has filed a lawsuit against 17th Street Property Owner, a shell company established by the owner of the former Barneys building at 115 Seventh Avenue, Ashkenazy Acquisition, a New York-based real estate investment firm. The court filing says Ashkenazy has failed to pay back a $46.2 million loan backed
source https://therealdeal.com/2020/09/01/original-barneys-building-in-chelsea-faces-foreclosure/
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