Real Estate

Work is progressing “full steam” at L&L Holding Company’s TSX Broadway, the 46-story, mixed-use tower at Seventh Avenue and West 47th Street, according to L&L co-principal and managing director David Orowitz.  A major milestone was reached last week with completion of the intricate lift of the historic Palace Theatre to 30 feet above street level.
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Once among the toniest hotels in the outer boroughs, one also set to reopen as a luxury stay, this landmarked stunner now faces foreclosure. How Brooklyn Heights’ Hotel Bossert has fallen from grace: The Montague Street beauty previously nicknamed the “Waldorf-Astoria of Brooklyn” has been hit with a $112 million pre-foreclosure notice after missing mortgage
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