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Milbank Portfolio
Troubled Bronx Buildings Spur City Crackdown
The saga of 10 Bronx buildings that fell into disrepair after their owner defaulted has inspired a new city program aimed at detecting problem buildings—before they become problems.
HPD Demands Documents In Key Foreclosure Case
The city's housing agency subpoenaed the former and current owners of the Milbank portfolio, a group of 10 Bronx buildings that has become a test case for what happens to tenants when multiunit buildings fall into foreclosure.
HPD Commish 'Shocked' At Buildings In Multimillion-Dollar Deal
The city is cracking down on the owners of Bronx properties at the center of citywide concerns about what will happen to apartment buildings scarred by foreclosure.
10 Foreclosed Buildings. One Mystery Buyer. $19M In Problems.
As an unnamed buyer closes in on 10 Bronx buildings that fell into foreclosure after an overleveraged private-equity deal, an assessment says they need at least $19 million in repairs.
Pols Warn Foreclosed Buildings' Mystery Buyer
Tenants and elected officials are suspicious of the unnamed buyer eyeing 10 distressed Bronx buildings, but the city's housing chief wants to give the new owner a chance.
HPD: Prevent Cycle Of Foreclosure & Displacement
The city steps in, hoping to rescue 10 Bronx buildings laid low by overambitious investors, potentially establishing a model for rescuing others.
New Legal Push For Foreclosure Victims
Tenants have a message for the bank that holds mortgages on 10 Bronx buildings that have gone into foreclosure and disrepair: You own it, you fix it.
Second In Command:
The Crusader's Charge
A look at Queens Councilman Eric Gioia, who brings both idealism and strong funding to his quest for higher office. The third in a five-part series on the race for the Number Two spot in city government.
Milbank Portfolio
The Milbank portfolio, a batch of 10 Bronx buildings, where default and disrepair inspired a new early warning system for troubled buildings.
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HPD letter to holding company in Milbank buildings case
The 10 Milbank buildings are seen as a test case of what happens when low-income multiunit buildings fall into foreclosure. Concerned over conditions at the buildings in this Bronx portfolio, the city is demanding answers from the holding company.
HPD Subpoena to owners of Bronx buildings
The city has demanded information from companies involved in the ownership and management of 10 foreclosed Bronx apartment buildings that have fallen into serious disrepair.
