NYC’s Fordham Landing Housing Project Files Bankruptcy (1)

Dynamic Star LLC, developer of the Fordham Landing housing development project in the Bronx, has filed bankruptcy a second time in three months amid a dispute with its lenders.

• The developer listed assets and liabilities each of between $50 million and $100 million on its Chapter 11 petition
• Dynamic Star sought court protection after agreeing in late January to dismiss its earlier bankruptcy filing
• The new bankruptcy filings include an additional affiliate of Dynamic Star that encompasses the entire Fordham Landing South project, Dynamic Star said in a court filing
  • Fordham Landing is split into two projects, called Fordham ...