Bankruptcy Sale at the Grand Madison

It's not a bankruptcy sale. The owner was convicted of securities fraud, and the Feds are doing the sale.

See http://streeteasy.com/nyc/talk/discussion/28655-fire-island-pines-bankruptcies

ahhh, I see.... still should be pretty interesting to watch. According to streeteasy, the same unit directly above went for 3.25mm (above ask) in august. The starting bid on this one is 1.9mm...I'm thinking it gets done at 2.9....

Having a bankruptcy lawyer during some time is worth the lawyer's fees
cheap bankruptcy lawyers des plaines

It sold at the very top of the market in 07 for 1.9mm. Why would it go for more than that?

>Why would it go for more than that?

Maybe someone wants it.

Poor guy, left so quick that he forgot his toothpaste.

All joking aside, if the listing pic is of the real view, this should sell. Great location, nice finishings, great views.

Here is the Crain's coverage:

http://www.crainsnewyork.com/article/20111027/REAL_ESTATE/111029897/0/newsletter