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Bank of America's move to foreclose on the tower is one prominent sign that lenders are losing patience with large commercial borrowers and are stepping up efforts to resolve problem loans behind big properties.
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The lender moved to foreclose late last year.
In 2005, the lender again moved to foreclose on the chamber's holdings.
Soon afterward, the state Dormitory Authority, one of its main creditors, moved to foreclose on the hospital.
In 2002, the town moved to foreclose on the property because of the unpaid taxes.
Mr. Ross moved to foreclose, conducted an architectural competition for the tower and signed a deal with Nordstrom.
Ms. Vickers said that she and other advocates still had concerns, including the need to give homeowners notice when a condominium association was moving to foreclose.
JPMorgan Chase has since moved to foreclose on the Shelton house, which the couple had abandoned in a hurry, leaving behind clothes and toys.
Nine months later, Related bought the note and moved to foreclose, and Mr. Ross announced on CNBC that "there is a higher and better use for that property".
Besides the Bronx corporation's buildings, the housing department is moving to foreclose on about 10 other properties, though it would not disclose where.
Her monthly bills on the properties were adding up to more than $12,000 at one point, and the lenders moved to foreclose.
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CEO of Professional Science Editing for Scientists @ prosciediting.com