522 Fifth Avenue

522 Fifth Ave

RFR Holding faces a $224 million pre-foreclosure lawsuit from Column Financial for defaulting on a mortgage for 522 Fifth Avenue. This follows a series of financial troubles, including defaults on other loans and unpaid bills. The defaults are attributed to RFR’s failure to make required payments and provide financial statements. RFR has also recently sold 980 Madison Avenue for $560 million and is attempting to sell 281 Park Avenue South.

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