229 Hicks Street
Brooklyn Heights, Brooklyn
Parcel ID (BBL): 3002480015
Owner: Someraroad
Acquired: May 28, 2025, $100 million
Debt: May 28, 2025, $71 million
Built: 1909
Renovated: 1983
SF: 187,200
Dwelling units: 0
No. of buildings: 1
Class: Miscellaneous (H9)
Floors: 12
HPD Ownership Registration Information
Last registered: 2025-12-15 (expires 2026-09-01)
Ian Ross
Head Officer
1 Hanover Square New York, NY, 10004
Bossert Propco, Llc
Corporate Owner
98 Montague St. Brooklyn, NY, 11201
G&E Real Estate Management Services, Inc
Agent
125 Park Ave New York, NY, 10017
Maurice Rodrigues
Site Manager
Transactions:
• SomeraRoad borrowed $71 million from Beach Point Capital Management for 98 Montague Street, Brooklyn Heights, Brooklyn on May 28, 2025.
• Beach Point Capital Management sold 98 Montague Street, Brooklyn Heights, Brooklyn for $100 million to SomeraRoad on May 28, 2025.
• Chetrit Group sold 98 Montague Street, Brooklyn Heights, Brooklyn for $1 million to Beach Point Capital Management on May 21, 2025.
• Beach Point Capital Management on May 07, 2024 bought a loan with an original principal of $112 million from Series 2019-BOSS|Trimont LLC, signed by Angela Gonzales, secured by 98 Montague Street, Brooklyn Heights, Brooklyn, when owned by Chetrit Group.
• Chetrit Group borrowed $112 million from Cantor Commercial Real Estate Lending for 98 Montague Street, Brooklyn Heights, Brooklyn on November 29, 2019.
Development:
• David Bistricer filed major alteration job 320374304 for 180,533 sqft R-1 building with 284 apartments in Brooklyn Heights, Brooklyn, on May 07, 2012.
• David Bistricer filed major alteration job 320374288 for 180,533 sqft R-1 building with 302 apartments in Brooklyn Heights, Brooklyn, on May 01, 2012.
• Eddie Gazheli filed alteration job B01419677 for 187,200 sqft building with 0 apartments in Brooklyn Heights, Brooklyn, on June 23, 2026.
• Eddie Gazheli filed alteration job B01419674 for 187,200 sqft building with 0 apartments in Brooklyn Heights, Brooklyn, on June 19, 2026.
• Fergus Campbell filed alteration job B01398578 for 3,595 sqft 70 building with 284 apartments in Brooklyn Heights, Brooklyn, on May 13, 2026.
• Fergus Campbell filed alteration job B01398667 for 3,595 sqft R-1 building with 284 apartments in Brooklyn Heights, Brooklyn, on May 13, 2026.
• Vincenzo Racamato filed alteration job B01396650 for 1,500 sqft building with 223 apartments in Brooklyn Heights, Brooklyn, on May 12, 2026.
Litigation:
• CF Trust 2019-BOSS filed a $112 million pre-foreclosure 510815/2022 on April 13, 2022, against Chetrit Group and Meyer Chetrit at 98 Montague Street.
Violations:
According to city public data, the properties have received six DOB violations, $5,000 in ECB penalties, $400 in OATH penalties, and one housing litigation in the last year.
Latest Stories:
• SomeraRoad pays $100M to Beach Point for hotel in Brooklyn Heights (May 29, 2025)
• Chetrit’s Hotel Bossert with $177M judgment set for auction in one week (February 06, 2025)
• Beach Point closing in on Chetrit’s Hotel Bossert that has $177M judgment (November 17, 2024)
• $112M pre-foreclosure filed on Chetrit’s Hotel Bossert (April 15, 2022)
