A Monroe County Supreme Court justice's decision has paved the way for the beleaguered Hungerford Building to be foreclosed upon and sold.
The sale will be used to pay appointed referee fees and sale expenses, then taxes and liens, followed by roughly $10.5 million owed to lender Elizon DB Transfer Agent LLC, plus interest, costs and other court-awarded amounts.
The justice’s decision also removes former building tenants from the defendants, so they won’t bear financial responsibility. The ruling also removes any barriers to foreclosure on the building at 1115 E. Main St.
A complaint was filed by Elizon DB Transfer Agent LLC against the building's owner Peter Hungerford and his company, PH Realty Capital in 2025. According to court documents, Hungerford purchased
the building with a mortgage of $8.2 million in 2022 and currently owes $7.6 million.
During the early 1900s, the Hungerford Building started as a manufacturing plant for the J. Hungerford Smith Company, which made flavored syrups. The building then grew to be a home for artists and craftspeople.
— This story includes reporting by Democrat and Chronicle reporter Kerria Weaver.
This article originally appeared on Rochester Democrat and Chronicle: Once-vibrant Hungerford Building heads toward foreclosure sale
