Maguire Capital, led by Marvin Azrak, is moving to foreclose on two historic mixed-use properties at 53 and 55 Stone Street in New York’s Financial District, owned by Alicia CastroLeal Harper. Harper’s company, Orsipel V, defaulted on a $9 million loan, which she had secured when purchasing the buildings for $15.1 million last year. Maguire Capital bought the loan from BEB Capital and initiated a U.C.C. foreclosure. The 16,700-square-foot properties include apartments and restaurants, generating $777,300 annually. The foreclosure auction has been postponed following a forbearance agreement.
55 Stone Street
