Post-recession, construction on the condominium conversion at 101 West 87th Street stalled and the property’s owner, Yair Levy — the embattled developer now legally banned from selling real estate in New York State — filed for Chapter 11 bankruptcy protection. Eventually, the 95-unit rental building was turned over to its lenders, who sold it via auction in 2010. Now the promised condo is making a long-awaited comeback under its new ownership, a joint venture led by Bazbaz Development [more]![]()
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