Troubled NoHo 14 Tower Headed to Bank?

Numerous sources are saying that NoHo 14, that condo turned rental building in North Hollywood is in early beginning of the foreclosure process. The project has a long and troubled history ranging from work stoppages to move-in delays. The project started construction in January 2004, and opened in 2008, three years behind schedule, according to an older San Fernando Valley Business Journal article. NoHo 14's developer, North Hollywood-based JSM Companies didn't return calls.
· NoHo Tower Reborn Again As Apartment Complex [SFVBJ]
· NoHo 14 archives [Curbed LA]

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