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Real Estate & Property Law

: The Home Equity Theft Reporter

Ex-Met, Red Sox 1st Sacker Snags Control Of 14 Dilapidated Bronx Apt. Houses In Foreclosure Limbo As Fannie Dumps Delinquent Debt Secured By 416 Units

By r morris

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In The Bronx, New York, Crain's New York Business reports:A collection of 14 deteriorating South Bronx apartment buildings have been snapped up by a real estate development company led by former New York Met first baseman Maurice ?Mo? Vaughn in a foreclosure auction, the city announced Wednesday. The properties were owned by entities of the Ocelot Capital Group, which abandoned them, let them

Full post as published by The Home Equity Theft Reporter on December 03, 2009 (boomark / email).

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