Lehman Brothers sued to foreclose on a stalled Manhattan condominium project, alleging developer Yitzchak Tessler failed to repay the $136.8 million senior mortgage.

Tessler bought the property at 1107 Broadway through a limited liability company in October 2007 for $235 million and filed plans to convert the 17-story building into condominiums, according to city records. The plan called for creating commercial space on the ground floor and adding eight stories to the building, located between 24th and 25th streets.

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