GO-RE Partners through the entity GRFO 992 Amsterdam LLC as borrower signed a refi loan with lender Greystone & Co. through the entity Greystone Servicing Company LLC valued at $11.7 million for two properties with 43 residential units including the 28-unit residential elevator building (D7) at 992 Amsterdam Avenue in Upper West Side, Manhattan and 15-unit residential walkup building (C7) at 998 Amsterdam Avenue in…
Royal Companies through the entity Royal Cp Hotel Holdings, L.P. as borrower signed a new construction loan with lender International Bank of Chicago valued at $23 million for the 114-unit hotel project at 25-10 42nd Road in Long Island City, Queens. The parcel has an alternate address of 42-31 Crescent Street. Mason Chen of Greenpoint Construction Corp. submitted a new building construction project for a…
Cosmetic dentist Jonathan B. Levine through the entity 55 Warren JBL LLC paid $2 million to James Brett Jordan through the entity 55 Warren LLC for the retail condo at 55 Warren Street in the Financial District, Manhattan. The deal closed on March 13, 2024 and was recorded on March 26, 2024. The property has 2,298 square feet of built space according to a PincusCo…
Alexander Wong Jr. paid $2 million to Sai-Pei Ting, Sai-Ping Ting, and Te-Ping Ma for a 62.5 percent stake in the 11-unit residential walkup building (C1) at 41-45 149th Street in Flushing, Queens. Christina Ting owns the remaining 37.5 percent stake in the property. The deal closed on March 12, 2024 and was recorded on March 26, 2024. The property has 6,931 square feet of…
Daniel Group through the entity Throop LLC paid $7.5 million to Hemalatha Sabapathy through the entity Velan Partners, L.P. for the retail buildings (K1) at 175-06 Hillside Avenue, at 175-06 175th Street and 87-17 175th Street, as well as adjacent parking space, in Jamaica, Queens. The buyer plans to redevelop the site, according to a source familiar with the transaction. The deal closed on March…
The entity 141 Ross Realty LLC paid $8 million to United Munkacser Yeshivos for the 22-unit residential walkup building (C7) at 141 Ross Street in Williamsburg, Brooklyn. Hershel Silberstein and Joel Landau are identified as owners who have filed plans for the building. The deal closed on March 22, 2024 and was recorded on March 26, 2024. The property has 20,800 square feet of built…
GDS Development and Sabal Investment Holdings through the entity Apex Owner NY LLC acquired an interest valued at $82.6M in the office condominium unit at 142 West 57th Street in Midtown West, Manhattan. The former owner of the property was Mitsubishi Corporation which owned it through a BentallGreekOak fund in a joint venture with L&L Holding Company, through the entity Go-Ll Met Tower JV LLC….
Arcus Development through the entity Astor Nine LLC paid $14 million to David Berley’s Walter & Samuels through the entity Penber 9th Street Garage LLC for the industrial building (G1) at 220 East 9th Street in East Village, Manhattan. This is Walter & Samuels’ second sale closed this month. The deal closed on March 1, 2024 and was recorded on March 26, 2024. The property…
A7p Trust Company Inc, Trustee paid $50.6 million to Vlad Doronin and Shvo through the entity 730 Fifth Upper, LLC for the condominium unit 23A at 730 Fifth Avenue in the Plaza District, Manhattan. The deal closed on March 20, 2024 and was recorded on March 25, 2024. Direct link to Acris document. link Paul Giddins As Trustee paid $19.5 million to James E. Wei,…
JY Capital Group through the entity Straits of JY Inc. bought a note with an original principal of $8.5 million from Thota Nagaraja secured by Osman Bessa’s office building (O5) at 33 West 26th Street in NoMad, Manhattan and four-unit mixed-use building (S4) at 35 West 26th Street in NoMad, Manhattan. The deal closed on March 20, 2024 and was recorded on March 25, 2024….
Madison International Realty through the entity Atlantic Center Fort Greene Associates, LLC as borrower signed a refi loan with lender Voya Investment Management valued at $69 million for two properties including the mixed-use building (K6) at 625 Atlantic Avenue in Fort Greene, Brooklyn and specialty building (Z7) at N/A Fort Greene Place in Fort Greene, Brooklyn. The deal closed on March 18, 2024 and was…
RW Real Estate Group through the entity 2260 Morris LLC paid $1.9 million to Anthony S. Fontana through the entity 2260 Morris Ave. Realty Corp. for the retail building (K1) at 2260 Morris Avenue in Fordham Heights, Bronx. The deal closed on March 11, 2024 and was recorded on March 25, 2024. The property has 6,068 square feet of built space and 30,611 square feet…
Daphne Konstantinides through the entity Elpida Properties LLC paid $5 million to Ronald M. Sherman through the entity Cmt Properties, LLC for the industrial building (G2) at 42-32 21st Street in Long Island City, Queens. The deal closed on March 15, 2024 and was recorded on March 25, 2024. The property has 21,000 square feet of built space and 21,099 square feet of additional air…
Lawrence Ben Pomeroy through the entity Cody Projects LLC paid $6.1 million to DAX Real Estate through the entity 159 Franklin Street LLC for the three-unit mixed-use building (S3) at 159 Franklin Street in Greenpoint, Brooklyn. The deal closed on March 1, 2024 and was recorded on March 25, 2024. The property has 3,000 square feet of built space and 1,756 square feet of additional…
Maninder Singh through the entity P.R.M. Unlimited LLC paid $9.6 million to Jianfei Chen through the entity 3108 Linden Hotel Inc. for the Grandview Hotel building (H9) at 3108 Linden Place in Flushing, Queens. The deal closed on March 13, 2024 and was recorded on March 25, 2024. The property has 14,284 square feet of built space according to a PincusCo analysis of city data….
San Francisco-based Terreno Realty Corporation through the entity Terreno 1215 Walnut LLC paid $11.9 million to Henry Burney through the entity Sfm181, LLC for the industrial building (F4) at 181 Lombardy Street in East Williamsburg, Brooklyn. The deal closed on March 22, 2024 and was recorded on March 25, 2024. The property has 24,000 square feet of built space and 35,998 square feet of additional…
The referee in a foreclosure case New York Community Bank set May 13, 2024. as the auction date for the 56-unit rental building at 106 Marcy Street, in Mt. Eden, the Bronx. The auction is scheduled for a little more than two years since the bank filed the case, in April 2022. The property has been owned by the same family for decades. An individual…
Lender Fortress Investment Group through its affiliate Fortress Credit Corp., alleges the Forbes-designated billionaire Charles S. Cohen of Cohen Brothers Realty is in a payment default on a 2022 loan with an original principal of $533.6 million, and the lender declared the entire amount due immediately, according to court records filed yesterday. Fortress accelerated the loan, alleging Cohen’s entities now owe a total of $544.3…
Lian Wu Shao through the entity 880 Quincy LLC paid $5.5 million to Bank of America for the 105-year-old bank building (O9) at 880 Quincy Street in Bedford Stuyvesant, Brooklyn, as well as three other adjacent properties. The building is not a city landmark. The deal closed on March 12, 2024 and was recorded on March 22, 2024. The four properties have 5,376 square feet…
Active developer Cheskel Schwimmer of Chess Builders, through the entity 291 Wallabout Realty LLC paid $6.7 million to Zoltan Rosenwasser through the entity Sayla LLC for the industrial building (F5) at 291 Wallabout Street in Williamsburg, Brooklyn. The deal closed on March 21, 2024 and was recorded on March 22, 2024. The property has 5,000 square feet of built space and 14,997 square feet of…
