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The Real Deal: Marc Held, Partner, Held & Hines, LLP Quoted about HUD Investigation

HUD probes Extell over Rushmore complaints February 04, 2010 06:00PM By David Jones From left: Attorney General Andrew Cuomo, Secretary of Housing and Urban Development Shaun Donovan and the Rushmore The U.S. Department of Housing and Urban Development has launched an investigation into the Rushmore condominium, amid allegations that the lawyers for the developer, Extell Development, held previously undisclosed meetings with state Attorney General Andrew Cuomo’s office to prevent existing buyers from backing out of their apartment contracts. HUD officials […]



The Real Deal: Marc Held Quoted About Foreclosure Suit

“While it is not a surprise that the court has granted Anglo Irish Bank’s motion to foreclose the sponsor’s interest in the property, the unit owners of 225 Rector hope that the bank and any future owners of the sponsor’s units will consider and respect [the unit owners] interests and legal rights as we move forward,” said Marc Held, attorney for the unit owners.


Crain’s: Marc Held, Partner, Held & Hines, LLP Quoted Re: Yair Levy

Court approves foreclosure of Yair Levy building Creditors of developer’s Park Columbus condominium conversion project will be permitted to proceed against him. By Amanda Fung January 14, 2010 2:47 PM Beleaguered developer Yair Levy suffered another setback Wednesday when a court issued a ruling allowing the lender on Mr. Levy’s Park Columbus property on West 87th Street to move forward with its foreclosure proceedings on the 95-unit condo conversion, according to filings. The U.S. Bankruptcy Court of the Southern District […]




Marc Held Quoted In NYT, Featuring Augusten Burroughs

New York Times: Marc Held, Partner, Held & Hines, LLP Quoted In Article with Client and Award Winning Author Augusten Burroughs Augusten Burroughs, the gothic serial memoirist, has found a home in a bankrupt building in Battery Park City. Naturally, he loves it.   By PENELOPE GREEN Published: October 21, 2009 “THIS is the first apartment I’ve ever owned,” Augusten Burroughs said. “Wouldn’t you know it would be in a building where the developer went bankrupt and fled the country?” […]




The Real Deal: Held & Hines’ Case Covered by the Media

Anglo Irish poised to put Rector Square on auction block September 01, 2009 11:30AM By David Jones Yair Levy, 225 Rector Square Anglo Irish Bank filed a motion in New York State Supreme Court earlier this month to complete foreclosure proceedings against Rector Square developer Yair Levy and place the troubled Battery Park condominium conversion on the auction block for sale to a new investor.   Anglo Irish originally filed suit in February alleging that Levy defaulted on a $165 […]


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