It is now controlled by court-appointed administrators and a group of 11 lenders.
She also tried without success to have the association dissolved and to have a court-appointed administrator take charge of it.
However, the court-appointed administrator pointed out that he was simply claiming the same rights as any employee.
In April 2004, the court-appointed administrator began the process of liquidating the charity.
Residents said that the building is much improved since a court-appointed administrator took over management of the building four years ago.
The filing gives control of the project, which is about $2.07 billion in debt, to a court-appointed administrator.
Under British law, the court-appointed administrators have almost total say over running a bankrupt company and deciding whether to keep or sell assets.
At one point, a court-appointed administrator was put in charge of the building, a step usually taken against slumlords.
Dozens of others have been placed in the hands of court-appointed administrators.
Others hoped that a court-appointed administrator would prevent abuses.