Flat Iron/Chelsea West 27th Street & 6th Avenue Two Bedroom - VIDEO TOUR - 1000SQFT November 1st

West 27th Street between Broadway & 6th Avenue Mini Loft Two Bedroom







Available for November 1st Occupancy


Contact JAD Realty Group for showing times @ 610.781.8417

Murray Hill JR One Bedroom - 2 Blocks Away from the Train - Lexington Avenue

Murray Hill Junior One Bedroom - Brand New Renovations - Below Market Value - East 33rd Street

Contact JAD Realty Group for showing times:

610.781.8417

LOCATION: Murray Hill / East 33rd Street DESCRIPTION: Well maintained, walk-up building Third floor unit Brand new renovations Kitchen including appliances and new cabinetry Tiled bathroom, new fixtures Living space featuring a decorative fireplace Separate sleeping area with window and a storage closet Northern exposure view, bright apartment New hardwood floors Live in super Priced below market value Excellent Murray Hill location; near all transportation, restaurants, Midtown, Gramercy, the East Village, Flat Iron, and Union Square TRANSPORTATION: LISTED RENT: $1,450 CONTACT: Name: Jeffrey Phone: 610.781.8417

Murray Hill Junior One Bedroom - Brand New Renovations - Below Market Value - East 33rd Street

Contact JAD Realty Group for showing times:

610.781.8417

Foreclosure looms for One Madison Park

Glitzy residential development One Madison Park is being foreclosed on before it's even finished.

A prominent commercial real-estate lender says the developers have defaulted on the mortgage and owe them over $200 million.

In papers filed in Manhattan Supreme Court, iStar Tara claims the borrowers at the problem-plagued luxury condo site have committed "numerous breaches of its obligations under the mortgages," and the company's had enough.

It wants to foreclose on the property, sell it, and get a "deficiency judgment" against developers Ira Shapiro and Marc Jacobs and their Slazer Enterprises, who had "guaranteed repayments of certain amounts owed to [iStar]."

Calls to Slazer were not returned.

When it was announced in 2008, the blue-glass One Madison Park was a hot property that attracted Hollywood stars such as Susan Sarandon, Liev Schrieber and Naomi Watts.

Then financing woes hit, and Shapiro and Jacobs found themselves mired in controversy and targeted in lawsuits by other angry lenders and buyers, including ex-Yankees Chairman Harvey Schiller and One Madison Park's ex-broker Wendy Maitland of Brown Harris Stevens.

The newest suit says the developers defaulted on interest payments, which have not been paid since September and now total over $13 million. They also didn't keep enough cash on hand to finish the 60-story building on East 23rd Street.

In an interview with The Post on Thursday, Shapiro acknowledges there were "issues" with iStar, but said, "we are hoping to resolve them." iStar didn't return calls about what Shapiro had characterized as 11th-hour talks.

The suit says there are a dozen judgments, liens and lawsuits pending against the property. The on-site sales and marketing office has been closed for at least the past week, sources said.

The suit said the foreclosure action would not affect condos that were sold by the developers with iStar's OK.