Blackstone is looking to foreclose on a Manhattan office building where brothers Eli and Isaac Chetrit allegedly defaulted on a $19 million loan. The lender filed a New York state lawsuit to take 286 Fifth Avenue, a 12‑story, 44,400‑square‑foot property, Crain’s New York Business reported. Blackstone acquired the debt after Signature Bank’s 2023 collapse. The Chetrits are members of the high-profile family of investors that has multiple distressed properties in New York. The outlet was unable to reach them for comment. The brothers have faced similar troubles before. In 2024, debt dealer Maverick Real Estate Partners, which recently bought other […]

This article originally appeared on The Real Deal. Click here to read the full story.