18 Grove Place
Downtown Brooklyn, Brooklyn
Parcel ID (BBL): 3001610061
Owner: Midas Hospitality
Acquired: March 13, 2024, $34.9 million
Debt: March 18, 2024, $25.2 million
Built: 2019
Renovated: 2019
SF: 48,495
Dwelling units: 0
No. of buildings: 1
Class: Transient Occupancy-Midtown Mn Area (H3)
Floors: 22
Transactions:
• Midas Hospitality borrowed $25.2 million from Acres Capital for 291 Livingston Street, Downtown Brooklyn, Brooklyn on March 18, 2024.
• Acres Capital and Aview Equities sold 291 Livingston Street, Downtown Brooklyn, Brooklyn for $34.9 million to Midas Hospitality on March 13, 2024.
Development:
• Eric Mueller filed plans for alteration in Downtown Brooklyn, Brooklyn, on November 22, 2024.
• Abraham Leifer filed plans for alteration in Downtown Brooklyn, Brooklyn, on November 18, 2024.
• Fari Hama filed plans for alteration in Downtown Brooklyn, Brooklyn, on July 03, 2024.
• Fari Hama filed plans for alteration in Downtown Brooklyn, Brooklyn, on July 03, 2024.
• Eddie Gazheli filed plans for alteration in Downtown Brooklyn, Brooklyn, on January 23, 2024.
Litigation:
• Aview Equities, Abraham Leifer, Eugene Weiss, Mordechai Kohn and David Gefner on June 02, 2023, filed a $29.5 million bankruptcy 23-22422-shl for 291 Livingston Street that has creditor Acres Capital and WU 291 Realty LLC.
• Abraham Heby filed a $1,000,000 lawsuit against Abraham Leifer on May 09, 2023,seeking a money judgment related to personal loanat 291 Livingston Street.
• Avraham Cohen filed a $5.1 million pre-foreclosure 651438/2023 on March 21, 2023, against Aview Equities, Abraham Leifer, Eugene Weiss and Mordechai Kohn at 291 Livingston Street.
Violations:
According to city public data, the properties have received $3,650 in ECB penalties and $7,250 in OATH penalties in the last year.