750 Lexington Avenue Office Tower Foreclosure and Eviction Case
Sector: Commercial • Location: New York, United States
Source: Crain's New York Business
The office tower at 750 Lexington Avenue in Midtown Manhattan was foreclosed and taken over by U.S. Bank. Developer Charles Cohen, who had offices in the building, is facing eviction due to alleged missed rent payments. Cohen's companies owe about $183,000 in rent dating back to April for space on three floors. The building has a 25% vacancy rate and was valued at $300 million before the pandemic.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | foreclosed and under legal dispute |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The office tower at 750 Lexington Avenue in Midtown Manhattan was foreclosed and taken over by U.S. Bank. Developer Charles Cohen, who had offices in the building, is facing eviction due to alleged missed rent payments. Cohen's companies owe about $183,000 in rent dating back to April for space on three floors. The building has a 25% vacancy rate and was valued at $300 million before the pandemic. Cohen has been based in the building since 1986 and is contesting the eviction and rent demands. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |