Harlem, Upper West Side Apartment Buildings File for Bankruptcy

Apartment buildings in Manhattan’s Upper West Side and Harlem backed by Emerald Equity Group LLC filed for Chapter 11, according to court filings.

• Limited liability corporations for a series of buildings on East 117 St. in East Harlem and West 107th St. in Manhattan Valley filed for creditor protection in the Southern District of New York, according to the bankruptcy petitions.
• Emerald Equity has a portfolio of 1,500 units in “developing areas” in Manhattan, as well units in the Bronx and Brooklyn, according to its website. It also has properties in Atlanta, Dallas and Nashville.
• The buildings on East ...