Court blocks foreclosure of Clark Tower

By , Daily Memphian Updated: April 26, 2019 1:37 PM CT | Published: April 26, 2019 7:52 AM CT

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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Topics

Clark Tower Commercial Real Estate
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.


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