One Madison Park Bankruptcy Judge Moves Case to NY
Recent developments in the lawsuit surrounding One Madison Park have cast a lingering apathy for the building. Delaware bankruptcy judge Kevin Gross has ruled that part of the building's bankruptcy dispute needs to move to a New York court.
He stated to The Real Deal “the proceedings are extremely contentious and there is minimal cooperation among the parties”
The case involved multiple creditors, who claim they are owed four apartments or the equivalent millions, and their representative lawyers already plan to present the case to the New York Supreme Court.
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One Madison Park: 23 East 22nd St., bet. Broadway and Park Ave. S
