1007350030
Hudson Yards, Manhattan
Parcel ID (BBL): 1007350030
Acquired: May 27, 2022, $48 million
Debt: September 08, 2023, $103 million
Transactions:
• ZD Jasper Realty borrowed $103 million from Preferred Bank for 501 9th Avenue, 485-487 9th Avenue, 489-491 9th Avenue, and 497 9th Avenue, Hudson Yards, Manhattan on September 08, 2023.
• ZD Jasper Realty borrowed $24 million from First Commercial Bank for 501 9th Avenue, 485-487 9th Avenue, 489-491 9th Avenue, and 497 9th Avenue, Hudson Yards, Manhattan on June 09, 2022.
• Pinnacle Group sold 501 9th Avenue, 485-487 9th Avenue, 489-491 9th Avenue, and 497 9th Avenue, Hudson Yards, Manhattan for $48 million to ZD Jasper Realty on May 27, 2022.
Development:
• Susan Wu filed plans for alteration in Hudson Yards, Manhattan, on October 14, 2022.
• Tom Wu filed plans for new building in Hudson Yards, Manhattan, on September 20, 2022.
• David Israeli filed plans for alteration in Hudson Yards, Manhattan, on October 22, 2004.
• David Israeli filed plans for alteration in Hudson Yards, Manhattan, on November 04, 2015.
• David Kamal filed plans for A3 in Hudson Yards, Manhattan, on February 22, 2002.
Litigation:
• Eric A. Rothfeld and Andrew Goldberg filed a $500,000 lawsuit 652733/2023 against Erik Ekstein on June 06, 2023,seeking a money judgment related to partnershipat 501 9 Avenue.
• Erik Eckstein and Eckstein Development Group filed a $5 million lawsuit 652665/2022 against Joel Wiener and Pinnacle Group on July 29, 2022,seeking a money judgment related to partnershipat 501 9 Avenue.
Condominium:
• Tom Wu filed plans CD230321 on November 28, 2023 for 164-unit condominium called 489 & 501 9th Avenue Condominium at 489 9th Avenue & 501 9th Avenue.
Latest Stories:
• ZD Jasper submits 122-unit condo plan in Hudson Yards, no sellout price given (December 13, 2023)
• ZD Jasper Realty signs $103M construction loan in Hudson Yards (September 11, 2023)
• ZD Jasper pays $48M to Pinnacle Group for development site in Hudson Yards (May 31, 2022)
• Pinnacle Group borrows $35M from Axos Bank for property in Hudson Yards (January 26, 2021)
