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Beacon Ct - Dreier's apt

Started by nyc10023
almost 17 years ago
Posts: 7614
Member since: Nov 2008
Discussion about
Any thoughts on what this will fetch? http://www.maltzauctions.com/auction_detail.php?id=113406
Response by ue10021
almost 17 years ago
Posts: 48
Member since: Feb 2009

somewhere between $10MM and $12MM.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

This building seems to be one of the few holding up because it is relatively unique and in demand (15 CPW being another notable example)

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Response by RR1
almost 17 years ago
Posts: 137
Member since: Nov 2008

Huh? Auction?

People don't go poor at One Beacon Court. That must be a mistake.

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Response by aboutready
almost 17 years ago
Posts: 16354
Member since: Oct 2007

he didn't go poor, he went crook, and then poor.

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Response by Riversider
almost 17 years ago
Posts: 13572
Member since: Apr 2009

If No buyer and the bank doesn't want REO and no buyer then yea, no mistake. I assume there was no equity.

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Response by ue10021
almost 17 years ago
Posts: 48
Member since: Feb 2009

Dreier is the crook lawyer who defrauded many clients and others, and all of his assets are being sold by the bankruptcy trustee to pay off creditors.

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Response by RR1
almost 17 years ago
Posts: 137
Member since: Nov 2008

oh ok gotcha.

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Response by lousleater
almost 17 years ago
Posts: 26
Member since: May 2008

Not to be confused with Madoff.

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