![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6OciOlDqVuuouQH5wdpu5P4GxMqVUZ-aqw5b1Dg9XTKucU0PYIwh6nfIDyVfGAz0uBLfy-fb3X_EkxYd9mB5fRLXUUfS-EVU8zp-21QiKDJrH2AG7jtE54bWXUEqBKZjB0-8yhhSoI_k/s510/C3iH5qFWQAQ2xiL.jpg)
Early evening in Tompkins Square Park... see you next month!
Toledano’s Brookhill Properties acquired the 39-unit, 39,000-square-foot property for $41.5 million in 2015. At the time of the purchase, the firm secured $34 million in financing from Madison, including $29.8 million in immediate funds to buy the building. The remainder, to be provided at a later date, was allocated for proposed renovations.
Madison, in its capacity as the lender, filed the summons filed Monday in New York State Supreme Court, to initiate foreclosure proceedings over the building, which has $29.8 million loan.
A photo posted by Streecha🇺🇦Ukrainian kitchen NY (@streecha) on
A photo posted by Streecha🇺🇦Ukrainian kitchen NY (@streecha) on
A photo posted by Streecha🇺🇦Ukrainian kitchen NY (@streecha) on
A photo posted by Streecha🇺🇦Ukrainian kitchen NY (@streecha) on
A photo posted by Streecha🇺🇦Ukrainian kitchen NY (@streecha) on