Rajeev Kumar Goyal through the entity IX Estate, LLC paid $3 million to City Line Properties Development through the entity Maycan Homes LLC for the three-family building (C0) at 226 Macon Street in Bedford Stuyvesant, Brooklyn. The deal closed on February 29, 2024 and was recorded on March 29, 2024. The property has 3,696 square feet of built space according to a PincusCo analysis of…
The entity 23-10 44th Drive LLC in care of the lender Rosenthal & Rosenthal, paid $4.7 million to Shafquat Chaudhary through the entity Soundview R.E., LLC for the retail building (K1) at 23-10 44th Drive in Long Island City, Queens. The price per foot indicates it is a likely development site. The deal closed on March 28, 2024 and was recorded on March 29, 2024….
Dovid Katz through the entity 556 Crown St LLC paid $5 million to the women’s yeshiva Machon Chana Women’s Institute for the 29-unit residential walkup building (C7) at 556 Crown Street in Crown Heights, Brooklyn. The property is the address for the school on its website. The deal closed on March 25, 2024 and was recorded on March 29, 2024. The property has 36,000 square…
Edward Ostad paid $21.9 million to entities affiliated with Danielle Downing that owned four walkup buildings in Manhattans. The properties were sold in four separate transaction and are 746 Ninth Avenue in Hell’s Kitchen, 1732 Second Avenue in Yorkville, 723 11th Avenue in Hell’s Kitchen and 714 Greenwich Street in the West Village. The buyer financed the purchases with a $14.5 million loan which Amalgamated…
The Brodsky Organization paid $12.4 million to Quinlan Development Group for retail condominium units at 25 West Houston Street in SoHo and 456 West 19th Street in Chelsea in two separate transactions. In the larger sale, the Brodsky Organization through the entity The Beaumont Company LLC paid $8.8 million to Quinlan Development Group through the entity 25 Houston LLC for two retail condo units at…
The nonprofit Fortune Society as borrower signed a new construction loan with lender JPMorgan Chase and NYS Homeless Housing and Assistance Corporation valued at $31 million for the development at 107 East 123rd Street in East Harlem, Manhattan. On the lot, there is one active new building construction project for a 82-unit, 55,051 square-foot residential (R-2) building. The project was submitted by NYC Department of…
Kings Capital through the entity 43 West 8th LLC paid $4.1 million to Grundwerg Family LP through the entity Sandy Realty, LLC for the six-unit mixed-use building (S5) at 43 West 8th Street in Greenwich Village, Manhattan. The deal closed on March 25, 2024 and was recorded on March 28, 2024. The property has 6,729 square feet of built space and 691 square feet of…
Yuval Jacob through the entity Y J Management LLC paid $7 million to Hidrock Properties through the entity 192 Ppw LLC for the retail building (K1) at 192 Prospect Park West in South Slope, Brooklyn. The deal closed on March 22, 2024 and was recorded on March 28, 2024. The property has 4,200 square feet of built space and 8,707 square feet of additional air…
Jiazong Zhou through the entity 129 31st St LLC paid $7.8 million to Charles Safdiah, Joyce Safdiah, David Safdiah, Jamie Safdiah, Morris Safdiah, and Alan Safdiah for the industrial building (E1) at 129 31st Street in Greenwood Heights, Brooklyn. The deal closed on March 21, 2024 and was recorded on March 28, 2024. The property has 15,900 square feet of built space and 14,100 square…
Christopher Skrelja through the entity Chittenhurst, LLC paid $8 million to the family of Bella Gordon Bankoff through the entity 186-196 Pinehurst Avenue Corporation for the 65-unit residential elevator building (D1) at 186-196 Pinehurst Avenue in Washington Heights, Manhattan. The deal closed on March 26, 2024 and was recorded on March 28, 2024. The property has 65,352 square feet of built space according to a…
Jingling Tan through the entity 90 Ludlow Real Estate LLC paid $8.5 million to Vivien Lau and Shuk Yin Wong through the entity S&L Ludlow Realty Inc. for the office building (O5) at 90 Ludlow Street in Lower East Side, Manhattan. The deal closed on March 6, 2024 and was recorded on March 28, 2024. The property has 18,319 square feet of built space according…
Mark Koplowitz through the entity Markland 18 LLC paid $10.6 million to Conway Capital through the entity Atlantic Avenue Portfolio CC LLC for the eight-unit residential walkup building (C7) at 218 Atlantic Avenue in Boerum Hill, Brooklyn. The deal closed on March 20, 2024 and was recorded on March 28, 2024. The property has 13,112 square feet of built space and 313 square feet of…
Jasmin Patel through the entity LIC Investors I LP paid $40.5 million to Sam Chang’s McSam Hotel Group through the entity Hkoq LLC for the newly built, 181-unit hotel building (H3) at 38-04 11th Street in Long Island City, Queens. This is a new building construction project for a 181-unit, 53,606 square-foot hotel (R-1) building. The project was submitted by McSam Hotel Group and filed…
Aron Schwartz through the entity 2667 Fulton LLC as borrower signed a new construction loan with lender Golden Bridge Funding through the entity Golden Bridge R2 LLC valued at $33 million for the 110-unit, 77,469-square-foot residential (R-2) at 96 Vermont Street with an alternate address of 2667 Fulton Street in Cypress Hills, Brooklyn. The deal closed on March 25, 2024 and was recorded on March…
Hudson Companies through the entity Nostrand Green LLC as borrower signed a new construction loan with lender Santander Bank valued at $85 million for the development building (V1) at 975 Nostrand Avenue in Crown Heights, Brooklyn. On the lot, there is one active new building construction project for a 178-unit, 183,182 square-foot residential (R-2) building. The project was submitted by Hudson Companies and filed by…
Perry Petsanas through the entity 2392 Realty LLC paid $2.9 million to Dennis Augoustatos and Katherine Stavrianopoulos through the entity Dalpha Holdings LLC for the eight-unit residential walkup building (C7) at 23-92 37th Street in Ditmars Steinway, Queens. The deal closed on March 19, 2024 and was recorded on March 27, 2024. The property has 7,284 square feet of built space according to a PincusCo…
Ablatos LLC through the entity 4 West 90 Ablatos LLC paid $6.4 million to Pine Management for the 10-unit residential elevator building (D3) at 4 West 90th Street in Upper West Side, Manhattan. The deal closed on March 20, 2024 and was recorded on March 27, 2024. The property has 7,754 square feet of built space and 11,357 square feet of additional air rights for…
Jasper Johns battles Ian Schrager over hotelier’s West Village office lease: The iconic post-war painter and sculptor Jasper Johns, now 93, is in a tussle with another high-profile individual, the ground-breaking hotel developer Ian Schrager. Schrager, now 77, has leased office space at 818 Greenwich Street since 2005, and after lease modification and extensions, the term ended December 31, 2023, the complaint says. Court records…
Charney Companies through the entity 99 Claremont Owner LLC paid $38 million to the Riverside Church in the City of New York through the entity TRC Cornerstone LLC for the 44-unit residential building at 97-101 Claremont Avenue in Morningside Heights, Manhattan. This property is adjacent to the Riverside Church house of worship. The Riverside Church bought the dorm from the Union Theological Seminary in 2018…
Shaye Stuhl through the entity 217 South 3 LLC paid $2.9 million to Paula Hernandez through the entity Paula Hernandez, As Trustee for the 15-unit residential walkup building (C7) at 217 South 3rd Street in Williamsburg, Brooklyn. The deal closed on March 1, 2024 and was recorded on March 27, 2024. The property has 14,375 square feet of built space according to a PincusCo analysis…
