Owner of NYC’s Fordham Landing Housing Project Files Bankruptcy

The owner of Fordham Landing, a major housing development in the Bronx that’s attracted state investment, has filed bankruptcy to halt a foreclosure sale.

Dynamic Star LLC and related corporate entities that own equity in the Fordham Landing project filed Chapter 11 on Dec. 1 in New York. The filing comes weeks after state officials agreed to commit $55 million to support infrastructure construction in Fordham Landing South, which would include roughly 900 affordable housing units.

The development is split into two projects, a larger-scale Fordham Landing North, which will take longer to complete and Fordham Housing South, which is ...