Check out market updates

Judge ignores AG’s objections over Madison managing Toledano portfolio

A federal bankruptcy judge approved a final consent order Thursday allowing Madison Realty Capital to formally replace Raphael Toledano as property manager of 15 troubled East Village rental buildings, despite a scathing objection from New York State Attorney General Eric Schneiderman, an outside party in the case. U.S. Bankruptcy Judge Robert Drain held a hearing Tuesday in which he granted approval, and then filed it with the court Friday. Just prior to Tuesday’s hearing, Schneiderman’s […]

The Real Deal New York

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>