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Developer of Brooklyn s tallest skyscraper defaults on $240M loan

Michael Stern, the developer of 9 DeKalb Avenue’s Brooklyn Tower, has defaulted on a $240 million loan. A UCC foreclosure auction has been scheduled for June 10 by Silverstein Capital Partners, which issued the loan in 2019, according to marketing materials from real estate company JLL.

City ofUnited kingdomMichael sternDevelopment groupGrain london ltdKalb avenueBrooklyn towerReal dealSilverstein capital partnersUniform commercial codeDowntown brooklynLifetime fitnessGrain londonReal estateResidential real estate

Robert A M Stern-designed NYC triplex needs $9M in repairs: suit

A nearly $28 million triplex apartment in a luxury building was so poorly built, the new owner claims it will take $9 million and months to fix.

New yorkUnited statesCarnegie hillCity ofUnited kingdomScott shnayJanine getlerGrain london ltdIcor associatesManhattan supreme courtUpper east sideCentral parkNew jersey basedGrain london

A new wave of hotels is upsetting London s balance of power

As summer wanes on old London Town, new luxury ops, of mostly Asian origin, are giving the old guard class anxiety. Can they keep a stiff upper lip?

France generalEast sussexUnited kingdomUnited statesNew zealand generalNew zealandGreen parkHong kongCity ofOrkney islandsPatrick nadeauArthur conan doyleClaude bosiNapier railtonMick jaggerRobert louis stevenson

Get Couture and Crown Jewels in One Extremely Luxe Travel Experience – WWD

Thanks to luxury travel company Red Savannah, high-end travelers can experience Couture and Crown Jewels in this new London itinerary.

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Brooklyn Tower divides NYC with its evil Sauron vibes

The new Brooklyn Tower stands more than 1,000 feet tall and has the luxury amenities of a five-star hotel but chic custom design isn't stopping the imposing building from being compared to the headquarters of a villain.

France generalUnited statesCity ofUnited kingdomLilly dancygerRaul rothblattNader tehraniPeter jacksonAlbee squarePaul martinkaGregg pasquarelliDime savings bankGrain london ltdDevelopment groupBrooklyn towerDark tower

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