Extell Development through the entity 46/47 Owner LLC as borrower signed a refi loan with lender IGIS Asset Management through the entity IGIS USA LLP valued at $340 million for 13 development parcels including the development building (V1) at 2 West 47th Street in Midtown West, Manhattan, development building (V1) at 10 West 47th Street in Midtown West, Manhattan, and development building (V1) at 562…
Takenaka Corporation through the entity Amtad LLC paid $8 million to Nippon Club through the entity The Nippon Club, Inc. for the commercial condominium unit at 145 West 57th Street in Midtown West, Manhattan. The building is divided into 18 commercial condo unit, with this unit being the largest with 17,106 square feet, mostly on floors two through seven of the 21-story building. The deal…
Hallen Construction Company paid $31.9 million to OHLA USA through the entity Judlau Contracting, Inc. for the office building (E1) at 26-15 Ulmer Street in College Point, Queens. The deal closed on July 1, 2024 and was recorded on July 11, 2024. The property has 28,705 square feet of built space and 214,030 square feet of additional air rights for a total buildable of 243,216…
UPDATED 9:35 a.m., July 12, 2024: Fetner Properties and Stockbridge Capital Group through the entity 501 East 74th Street Owner, LLC paid $62.6 million to Sky Management through the entity Four Mon LLC for the 82-unit residential elevator building (D3) at 1394 York Avenue at the corner of East 74th Street, in Lenox Hill, Manhattan. To finance the purchase, the buyers obtained a $36 million…
99c LLC, led by Canadian investor Carlo Bellini, through the entity Maiden Glass LLC paid $297 million to Banyan Street Capital through the entity Downtown NYC Owner, LLC for the office building (O4) at 180 Maiden Lane in Financial District, Manhattan. The Commercial Observer reported the buyer was Carlo Bellini of 99c. In a short sale, the lender agrees to sell the property for an…
Benjamin Landa and Leopold Friedman through the entity 3400 Cannon Place LLC as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $59.6 million for the specialty building (I6) at 3400 Cannon Place in Kingsbridge Heights, Bronx. The deal closed on June 28, 2024 and was recorded on July 10, 2024. The prior lender was KeyBank which held debt that had an…
Izaki Group Investments through the entity 525 6th Ave LLC as borrower signed a new construction loan with lender Valley National Bank valued at $73 million for the three-unit development building at 525 Sixth Avenue in Greenwich Village, Manhattan. On the lot, there is one active new building construction project for a 68-unit, 96,905 square-foot residential (R-2) building. The project was submitted by Izaki Group…
Hakimian Organization through the entity Qb Properties LLC as borrower signed a refi loan with lender Apollo Global Management through the entity Athene Annuity And Life Company valued at $150 million for two properties with 371 residential units including the 371-unit residential elevator building (D6) at 72-01 Queens Boulevard in Woodside, Queens. The deal closed on June 27, 2024 and was recorded on July 10,…
KP Developers through the entity Bushwick Group 26 LLC paid $2.9 million to Henry Grunbaum through the entity Bushwick BH LLC for the industrial building (G3) at 1508 Bushwick Avenue in Bushwick, Brooklyn. The deal closed on June 6, 2024 and was recorded on July 10, 2024. The property has 340 square feet of built space and 9,699 square feet of additional air rights for…
5 Boro Real Estate Partners through the entity 78 Jackson St Group LLC paid $3 million to Michael Israel through the entity 78 Realty Holdings LLC for the eight-unit residential walkup building (C1) at 78 Jackson Street in Williamsburg, Brooklyn. The deal closed on June 14, 2024 and was recorded on July 10, 2024. The property has 5,848 square feet of built space according to…
The Setton family through the entity 164 East 61st LLC paid $5 million to Alyssa Wilk through the entity Oakwood Equities LLC for the six-unit mixed-use building (S5) at 164 East 61st Street in Lenox Hill, Manhattan. The deal closed on July 2, 2024 and was recorded on July 10, 2024. The property has 5,800 square feet of built space and 2,227 square feet of…
Andrea Laurette Leslau through the entity Leslau, Andrea L paid $5 million to Stephen Lipiner and Edna Lipiner for the nine-unit residential walkup building (C5) at 137 West 80th Street in Upper West Side, Manhattan. The deal closed on June 24, 2024 and was recorded on July 10, 2024. The property has 6,425 square feet of built space and 2,145 square feet of additional air…
The signatory Walter Baker through the entity 5w73rd LLC acquired the specialty building (W4) at 5 West 73rd Street in Upper West Side, Manhattan. The former owner was the American Society for Psychical Research, which lost the property in a $11.75 million foreclosure, through index number 850211/2020. Thomas Kleinberger was the referee. The deal closed on June 25, 2024 and was recorded on July 10,…
Ben-Josef Group Holdings through the entity 82 Fourth Development LLC paid $20 million to Abraham Posner through the entity Boerum Hill 82 LLC for the 28-unit building at 82 4th Avenue in Boerum Hill, Brooklyn. The deal closed on June 19, 2024 and was recorded on July 10, 2024. The property has 19,841 square feet of built space according to a PincusCo analysis of city…
Moshe Braver of Bushwick Realty Holdings through the entity Bayview Complex LLC as borrower signed a loan with lender Hakimian Partners valued at $17 million for the vacant development parcel at Bay View Avenue in Coney Island, Brooklyn. The deal closed on July 3, 2024 and was recorded on July 9, 2024. The prior lender was DH1 Holdings which held debt that had an original…
Benjamin Shaoul’s Magnum Real Estate Group through the entity 813 & 815 Broadway Property LLC as borrower signed a construction loan with lender Israel Discount Bank valued at $25 million for the 20-unit condominium development project at 815 Broadway in Greenwich Village, Manhattan. On the lot, there is one active new building construction project for a 20-unit, 29,915-square-foot residential (R-2) building, under job numb 121209165….
Hudson Companies and St. Nicks Alliance through the entity Maspeth B2 Owner LLC as borrower signed a new construction loan with lender NYC Housing Development Corporation valued at $194.6 million for the 310-unit development at 89 Maspeth Avenue in East Williamsburg, Brooklyn. The deal closed on June 27, 2024 and was recorded on July 9, 2024. The signatory for Hudson Companies and St. Nicks Alliance…
Heli Song through the entity Hw W 14th St LLC paid $8 million to Elysee Investment Corp. through the entity Metropolitan Management LLC for the retail building (K1) at 31 West 14th Street in Flatiron District, Manhattan, just west of Union Square. The deal closed on June 26, 2024 and was recorded on July 9, 2024. The property has 3,605 square feet of built space…
Shibber Khan’s Criterion Group through the entity 60-80 Davidson Staten, LLC paid Sam Farkas through the entity 60 Davidson CS LLC (and others), $14 million for the industrial building (E1) at 60 Davidson Street, and the adjacent industrial building (E1) at 82 Davidson Street, both in Mariners Harbor, Staten Island. The deal closed on June 18, 2024 and was recorded on July 9, 2024. The…
Am affiliate of the Reijtenbagh brother’s family office SquareTwo through the entity 244 Waverly LLC paid $14.5 million to the Nagin family of Superior Management through the entity KLN Waverly Capital LLC for the 13-unit residential walkup building (C5) at 244 Waverly Place in West Village, Manhattan. The deal closed on July 2, 2024 and was recorded on July 9, 2024. The property has 6,860…
