Fire Island Pines Bankruptcies

Hurricane may have missed but a lot of properties are underwater anyway.

Couldn't happen in prime Manhattan. Oops.

http://www.maltzauctions.com/auction_detail.php?id=168334

malthus, fill us in on the action price if you can. I haven't seen many great deals at these things unfortunately.

*auction price*, sorry.

Ha, what happened to Malcolm on these reports, stuck in queens traffic?

That's a federal auction of a securities-fraudster's assets, not a bankruptcy: http://www.bloomberg.com/news/2011-06-07/ex-credit-suisse-broker-tzolov-given-five-year-term-for-securities-fraud.html

The apartment is http://streeteasy.com/nyc/sale/283226-condo-225-fifth-avenue-flatiron-new-york

He hasn't paid his CCs since 2009.

Just a quick run across the park to fudge some numbers at the office.

More on the FI Pines bankrupt: http://www.courts.state.ny.us/Reporter/pdfs/2011/2011_30996.pdf

Traffic? Queen? Where's Queens? To be honest,truthskr10, the answer, is that there are so many auctions and so little time, and I have my hands full actually selling real estate. But thanks for asking.

Has Stevejhx sold his place?