Glenwood takes control of stalled Midtown hotel and condo development site
Glenwood Management has acquired a stalled Midtown West development site for $76.3 million after purchasing the distressed mortgage last year and suing to foreclose on the original developer.The site, on the west side of Eighth Avenue between 46th and 47th streets, was originally conceived of as a 38-story hotel and condominium tower by Tribeach Holdings, but work stalled in late 2008 when the economy began to slump .
Tribeach, led by principals James Mooney, William Fegan and Adrian Stroie, allegedly defaulted on $78.6 million in loans there in September 2010. As The Real Deal previously reported, Glenwood purchased those loans from Bank of Scotland for an undisclosed price later that month, and in October, moved to wrest control through a foreclosure lawsuit .
Now, Glenwood and Tribeach have settled the lawsuit, according to recent court documents. And a deed filed with the city today shows that on July 26 Glenwood closed on the site, which consists











Lee Clift made a superb run down the right and delivered a pinpoint cross which Hammond met with a bullet header, only for Oxford keeper
The full details of the find have not been released, but according to Ecofor Consulting Ltd. team leader James Mooney, the coin was found along a trade route at “a likely place for a traveler to have rested or camped.” Updated values in multiple grades
RT @: Remus Lupin (Mooney), Peter Pettigrew (Wormtail), Sirius Black (Padfoot), James Potter (Prongs).
James Mooney has forbid me from laughing or speaking....
alex deaney,james greer and matthew mooney were just chilling outside my house expecting me to come out.. "em no i'm at my sisters house.."
American Dissenters:
Remus Lupin (Mooney), Peter Pettigrew (Wormtail), Sirius Black (Padfoot), James Potter (Prongs).



