Court blocks foreclosure of Clark Tower
A New York court has temporarily blocked the foreclosure of the 34-story Clark Tower, ruling the borrower is current on its payments and has a good chance to win a larger legal dispute with the lender.
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Clark Tower Commercial Real EstateTom Bailey
Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.
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