Peter Hungerford has six weeks to save a Rochester investment that shares his name.
An auction for Rochester's "Hungerford Building" — named for a distant relative of the Staten Island real estate investor — has been scheduled for Oct. 29. The lender filed a foreclosure case in September 2025 and has moved to take the building.
Hungerford says the sale won't happen. He said he's working on securing a construction loan to pay off the debt on the building.
Hungerford first made headlines for his bullish take on rent-stabilized properties in New York City and his involvement with the Haruvi real estate family.
A Hungerford affiliate took out an $8.25 million loan on the building in 2022 from a lender ****** ociated with Sheridan Capital. The plan was to add 200 apartments to the four-story former industrial building.
#estate #take #loan
An auction for Rochester's "Hungerford Building" — named for a distant relative of the Staten Island real estate investor — has been scheduled for Oct. 29. The lender filed a foreclosure case in September 2025 and has moved to take the building.
Hungerford says the sale won't happen. He said he's working on securing a construction loan to pay off the debt on the building.
Hungerford first made headlines for his bullish take on rent-stabilized properties in New York City and his involvement with the Haruvi real estate family.
A Hungerford affiliate took out an $8.25 million loan on the building in 2022 from a lender ****** ociated with Sheridan Capital. The plan was to add 200 apartments to the four-story former industrial building.
#estate #take #loan
2 days ago
