While the 6,375 square foot home at 130 Sea Cliff Avenue has sold for a reported $13,000,000, down the street at 224 Sea Cliff Avenue the 5,552 square foot home is scheduled to hit the courthouse steps tomorrow with $7,983,898 owed on a 2007 era first mortgage for $6,000,000.
Owned by Brugnara Properties VI, a name which might ring a few bells (or perhaps bars), in addition to the foreclosing first, a note for $11,350,000 was added in 2008.
If you see some suits on the steps tomorrow, say hello to lenders number two.
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∙ Brugnara Properties Headquarters Headed For Foreclosure? [SocketSite]