200 Madison lease to sell at auction. (bankruptcy court to auction leasehold interest in 200 Madison, New York, New York; last in group of properties associated with late Ferdinand Marcos)

Real Estate Weekly | July 8, 1992| | Copyright

The Marcos New York property ownership saga is set to end on July 20 when a bankruptcy court auctions off a leasehold interest in 200 Madison.

The 25-story building, whose lease runs until the middle of the next century, is the last of a group of Manhattan properties linked to the late Ferdinand Marcos, former president of the Philippines, to be transferred by foreclosure auction. The other properties are the Crown Building (730 Fifth Avenue), 40 Wall Street and Herald Center.

The properties were supposedly purchased "quietly" in the late 70's and 80's using Philippine ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Feil Organization acquires 250,000-SF Herald Center. (Retail New York).
Magazine article from: Real Estate Weekly ; ...just anounced the acquisition of Herald Center on 34th Street and Broadway in Manhattan. Herald Center is located it the heart of the revitalized Herald Square area, and consists of...trafficked corners in all of New York City, Herald Center has become a shopping ...
Bank takes back 200 Madison. (Security Pacific National Bank bids on New York, New York property)
Magazine article from: Real Estate Weekly ; ...Madison had been pledged as collateral for a second mortgage on Herald Center. The lender, Security Pacific, foreclosed on the first mortgage...satisfy a deficiency judgement resulting from the sale of the Herald Center. Both judgments amounted to more than $62 million. Peter...
The Gap chain renews lease in Herald Square.(Brief Article)(Statistical Data Included)
Magazine article from: Real Estate Weekly ; ...destinations in New York City. Already a...the 250,000 SF Herald Center retail complex...include Athletes Foot, New York Sports Club and...prominent assets as Herald Center, Herald Towers and the New York Telecom Exchange...
Fleet Bank opens two branches. (Retail New York).(FleetBoston Financial Corp.)(Brief Article)
Magazine article from: Real Estate Weekly ; ...two remote ATM centers. Fleet's 10-year lease for the Three Herald Center site at 33rd and 6th Avenue is a 5,300-SF storefront location...market. For the 16 million people who live in the greater New York metropolitan area, and the 2.3 million people who work in...
Suzanne Sunshine goes solo.
Magazine article from: Real Estate Weekly ; ...but it's always been a strong sector of New York City and it remains that way. In January...Equities. Some of her clients include the New York Historical Society, the YMCA of Greater New York, Touro College, the Mental Health Association...
Cancer Society earns green building cert.
Magazine article from: Real Estate Weekly ; The American Cancer Society of New York and New Jersey announced that is has been...building houses the Society's Hope Lodge New York City, Jerome L. Greene Family Center...nationwide healthcare not-for-profit in New York City to achieve LEED Gold certification...
China could be big part of recovery.
Magazine article from: Real Estate Weekly ; ...sleeping giant that helps jumpstart the New York market. Though experts say the flood of...interest: the U.S. recession has brought New York commercial and residential rents back...level the Chinese have making deals in New York. According to Hilton, the Chinese investor...
Retail resurgence continues to sweep Manhattan. (Manhattan, New York, New York)(Mid-Year Review and Forecast)(Industry Overview)
Magazine article from: Real Estate Weekly ; ...space in almost every area of New York City, and Manhattan continues...which opened on two floors in Herald Center; K-Mart, which signed a lease...influx of new retailers to New York City has driven rents up as...Manhattan. In most uptown areas in New York City, retail ...
RKF Associates.
Magazine article from: Real Estate Weekly ; ...square-foot block of retail space at Herald Center at the northwest corner of 34th Street...of JEMB Realty, the property owners. Herald Center consists of nearly 250,000 square feet...Mall, H&M, Old Navy and The Gap, Herald Center is a shopping destination for millions...
Brown & Altman, LLP.(WHO'S NEWS)(appointment of Michael J. DiLeo )(Brief article)
Magazine article from: Real Estate Weekly ; ...senior associate at Phillips, Lyric LLP, in New York City, where he concentrated on asset-based...Fairfield University. He is a member of the New York State and Connecticut State Bars, and is...for the Southern and Eastern Districts of New York.

Find more facts and information related to the article "200 Madison lease to sell at auction. (bankruptcy ..."