Isaac Hagar’s Cornell Realty buys Tillary Hotel and apartments from Chetrit Group, Read Property Group for approximately $95M
By Adam Pincus UPDATED 7:45 a.m., 9/22/2019: Isaac Hagar’s Cornell Realty Management and Rubin Equities
Park Tower Group sells stake to partner Brookfield in Greenpoint sites, with transfer valued at $226M
By Adam Pincus The Midtown-based Park Tower Group sold stakes valued for tax purposes at
Apollo-managed fund provides $250M take-out loan on Metro Loft Management’s 20 Broad Street
By Adam Pincus Apollo Global Management’s Athene Asset Management provided a $250 million loan to
New owners of 45 Rivington craft complex deal in $160M purchase of LES medical building
By Adam Pincus The anonymous buyer of 45 Rivington Street, the former AIDS/HIV nursing home
Jeff Sutton signs contract to buy retail next to his 720 Fifth Avenue
By Adam Pincus Retail investor Jeff Sutton, president of Wharton Properties, signed a contract to
Secured financing cut on several high-profile assets: Ranking of top NYC lenders August 2019
By Adam Pincus Two of the largest loans recorded last month saw the recorded debt
Dept. of Investigation finds errors in 2018 eviction data
Tabulation mistakes by several city marshals led to underreporting: DOI By Adam Pincus The city’s
City’s IBO doubts proposed rent regs would cut property tax receipts
Office skeptical of annual losses that REBNY-backed study said could hit $2B By Adam Pincus
Affordable housing landlords among city’s most active evictors
Widely cited eviction data does not account for large number of “evicted” tenants who remain
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