Updated Nov 12, 2026

New York City commercial real estate distress

In the New York City area, CREdocket's records show 6 CMBS loans reported in foreclosure, bank-owned or in bankruptcy ($137M in balances); 8 court-ordered sale deeds on commercial property; 44 real estate Chapter 11 petitions in the last 90 days; and 13 federal lawsuits naming commercial real estate businesses. They come from county foreclosure notices, CMBS trust filings with the SEC, federal court dockets, the New York City Register and the CREdocket tracker, and are updated every day. Records are counted from the last 12 months; each links to its own page and source.

6CMBS loans in foreclosure, REO or bankruptcy$137M balances 8court-ordered sale deeds (NYC register)$18.1M on the deeds 44real estate Chapter 11 petitions, last 90 daysS.D. New York and E.D. New York 13federal CRE lawsuitslast 12 months on file

CMBS loans in trouble

Loans in commercial mortgage-backed securities trusts that the servicer reports in foreclosure, bank-owned (REO) or with the borrower in bankruptcy, from the trusts' monthly filings with the SEC. Largest balance first.

  • CMBS
    832/834 Lexington Avenue
    Brooklyn, NY · Multifamily · reported Oct 30, 2026
    In foreclosure · Current · CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46
    $38.0Mloan balance
  • CMBS
    Ditson Building
    New York, NY · Office · reported Sep 29, 2026
    In foreclosure · 90+ days delinquent · BANK 2018-BNK13
    $37.5Mloan balance
  • CMBS
    Teller Avenue Portfolio
    Bronx, NY · Multifamily · reported Sep 29, 2026
    In foreclosure · 90+ days delinquent · Wells Fargo Commercial Mortgage Trust 2025-5C3
    $18.5Mloan balance
  • CMBS
    63 Spring Street
    New York, NY · Mixed-Use · reported Oct 1, 2026
    In foreclosure · 90+ days delinquent · CD 2019-CD8 Mortgage Trust
    $18.5Mloan balance
  • CMBS
    Hayes Court
    Jackson Heights, NY · Multifamily · reported Oct 29, 2026
    Borrower in bankruptcy · 90+ days delinquent · BBCMS Mortgage Trust 2021-C12
    $17.1Mloan balance
  • CMBS
    180 1st Avenue
    New York, NY · Mixed-Use · reported Oct 1, 2026
    In foreclosure · 90+ days delinquent · BANK5 2024-5YR11
    $7.1Mloan balance

Court-ordered sale deeds

Referee's deeds recorded with the New York City Register after a court-ordered sale of commercial property, usually the end of a foreclosure. The public copy of the register runs about two weeks behind.

  • Sale deed
    34 East 29 Street
    Brooklyn, NY · Industrial · recorded Oct 28, 2026
    Referee's deed (court-ordered sale) · owner of record: Zap Realty Corp · deed to Maspeth Federal Savings And Loan Association
    $2.2Mprice on the deed
  • Sale deed
    315 West 36 Street
    Manhattan, NY · Office · recorded Oct 13, 2026
    Referee's deed (court-ordered sale) · owner of record: Walsam 36 Delaware LLC · deed to Comm 2018-Cor3, Walsam 36 Delaware LLC
  • Sale deed
    1480 Amsterdam Avenue
    Manhattan, NY · Multifamily · recorded Sep 29, 2026
    Referee's deed (court-ordered sale) · owner of record: 501 W 133 LLC · deed to Sig D 30260 1480 Amsterdam LLC
  • Sale deed
    402 5 Avenue
    Manhattan, NY · Office · recorded Sep 25, 2026
    Referee's deed (court-ordered sale) · owner of record: 404 Fifth Owner LLC · deed to 404 Holding LLC
    $250Kprice on the deed
  • Sale deed
    150 East 24 Street
    Manhattan, NY · recorded Sep 23, 2026
    Referee's deed (court-ordered sale) · owner of record: 24th Street Mmp Garage LLC · deed to Piermont Bank
  • Sale deed
    511 9 Avenue
    Manhattan, NY · Retail · recorded Sep 15, 2026
    Referee's deed (court-ordered sale) · owner of record: 9th Ave. Hotel Property Holding LLC · deed to Manhattan Gem Holdings LLC
    $9.6Mprice on the deed
  • Sale deed
    1885 Lexington Avenue
    Manhattan, NY · Retail · recorded Aug 31, 2026
    Referee's deed (court-ordered sale) · owner of record: Lex1885 L.L.C. · deed to Casaba Real Estate Holding Corporation
    $3.1Mprice on the deed
  • Sale deed
    660 Fulton Street
    Brooklyn, NY · Retail · recorded Aug 21, 2026
    Referee's deed (court-ordered sale) · owner of record: Pacific Alliance LLC · deed to Bpx Bell LLC
    $2.9Mprice on the deed

Real estate Chapter 11 petitions

Petitions by real estate businesses in the Southern and Eastern Districts of New York, which cover New York City (the Eastern District also covers Long Island), newest first.

19 earlier petitions on Chapter 11 Watch.

Federal lawsuits naming CRE businesses

New federal civil cases in the Southern and Eastern Districts of New York, which cover New York City (the Eastern District also covers Long Island) between businesses that name a commercial real estate company, or that concern real property foreclosure or a lease.

Other commercial real estate litigation in the New York City area

All New York matters on the tracker

Get New York distress alerts.

An email the day a new foreclosure posting, CMBS default, bankruptcy or lender suit lands in New York, plus the weekly CRE Distress Brief. Free; one click unsubscribes.

Set up New York alerts Open the map

Other markets

New York (99)Texas (84)Houston (46)Florida (40)Georgia (33)New Jersey (32)California (29)Atlanta (25)Pennsylvania (24)Illinois (23)Dallas–Fort Worth (21)Tampa and Orlando (21)Los Angeles (17)Miami and South Florida (12)Michigan (10)Ohio (9)Washington (9)Louisiana (8)

About these records. A foreclosure posting is a notice that a sale may happen, not that it did. A lawsuit is an allegation, and a Chapter 11 petition does not mean a property will be lost. Loan figures are the amounts stated in each record (CMBS balance at the last report, original loan amount in a notice), never estimates. Federal bankruptcies and lawsuits are placed by the federal district that holds them. Individuals are never listed. Full sources on the Distress Radar.