NEW YORK CITY-A troubled loan amounting $17.7 million is up forsale. The loan was backed by the retail condominium thataccommodates Chinatown Brasserie.

In May 2007, an entity managed by Michael Fuchs and Aby Rosensecured the $17.7-million loan from Bank of America for the NoHoproperty. In October, BACM 2007-4 Lafayette Retail, LLC filed asuit against the borrower for not paying interest. Recently,Mission Capital Advisors has started marketing the loan for $16.6million.For the full story, go to Wall Street Journal.


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