Don't want ads? Subscribe or login now.

Flagstar Says NYC Landlord's Entities Can't Use Collateral

By Isaac Monterose · June 23, 2025, 5:13 PM EDT

Flagstar Bank is urging a New York bankruptcy court not to let a New York City landlord's 82 entities use almost $30 million of the bank's collateral for other purposes, such...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Objection

Case Information

Case Title

Broadway Realty I Co., LLC

Case Number

1:25-bk-11050

Court

New York Southern

Nature of Suit

Date Filed

May 21, 2025

Recent Articles By Isaac

October 30, 2025
NYC Hotel Co. Owners Charged With Fraud Over Loan Scheme
October 24, 2025
NJ Property Owner Puts Office, Industrial Properties In Ch. 11
October 08, 2025
NC Apartment Owner Hits Ch. 11 With Up To $50M In Debt
October 06, 2025
Convicted Investor Puts More Properties Into Ch. 11
September 29, 2025
Yale Unit Will Pay $45M To End Failed Hospitals Sale Dispute
September 15, 2025
Ch. 11 Debtors Sue CVS Over Owed Rent, Ownership Dispute
September 04, 2025
Colo. Developer Says Wash. Atty Botched Bankruptcy Case
July 23, 2025
Perkins Coie Guides $154M NYC Hotel Sale
June 30, 2025
Bankruptcy Judge Rejects NYC Landlord's Cash Collateral Bid
June 12, 2025
Pa. Panel Says Borough Didn't Break Law In Condemning Mall