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REAL ESTATE

Times Staff and Wire Reports

Rockefeller Plan Delayed Again: Rockefeller Center’s owners again delayed filing a plan to emerge from bankruptcy protection, saying their mortgage holder needs more time to mull buyout bids. U.S. Bankruptcy Judge Prudence B. Abram granted an extension to Oct. 30 at the hearing, which was otherwise bogged down with arguments over financing to cover the landmark property’s operating costs. The hearing came one day after a board meeting by the mortgage holder, Rockefeller Center Properties Inc., or RCPI, that failed to produce any action on three bids to control the property. The two partnerships that own Rockefeller Center--80% controlled by Japan’s Mitsubishi Estate Co. and 20% by Rockefeller family trusts--filed for bankruptcy protection in May.

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