26 East 29 Street

NoMad, Manhattan

Parcel ID (BBL): 1008580058

Acris records

Owner: Nuverse Advisors

Acquired: June 14, 2024, $65 million

Debt: January 29, 2025, $99 million

Built: 1912

SF: 146,161

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 7 to 19 stories (O6)

Floors: 16

Transactions:

• NuVerse Advisors and Sunshine Developers borrowed $99 million from Bank Hapoalim for 89 Madison Avenue, NoMad, Manhattan on January 29, 2025.

• Sunlight Development borrowed $50 million from NuVerse Advisors for 89 Madison Avenue, NoMad, Manhattan on June 14, 2024.

• Michael Sklar, Sharan Sklar and Rita Sklar sold 89 Madison Avenue, NoMad, Manhattan for $65 million to Sunlight Development on June 14, 2024.

• Rita Sklar and Michael Sklar borrowed $23 million from Goodman Capital for 89 Madison Avenue, NoMad, Manhattan on February 22, 2024.

Development:

• Sunlight Development filed major alteration job M01053870 for 143,041 sqft R-2 building with 70 apartments in NoMad, Manhattan, on May 30, 2024.

• Eddie Gazheli filed alteration job M01419103 for 146,161 sqft building with 0 apartments in NoMad, Manhattan, on June 22, 2026.

• Vicki Saali filed alteration job M01210080 for building in NoMad, Manhattan, on April 15, 2025.

• Vicki Saali filed alteration job M01178377 for 200,000 sqft building with 70 apartments in NoMad, Manhattan, on February 13, 2025.

• Vicki Saali filed alteration job M01158695 for 143,041 sqft R-2 building with 70 apartments in NoMad, Manhattan, on January 10, 2025.

• Eddie Gazheli filed alteration job M01161230 for 160,996 sqft building with 72 apartments in NoMad, Manhattan, on December 31, 2024.

Most recent Schedule of Occupancy

Most recent Zoning Diagram (ZD1)

Litigation:

• Michael Sklar and Sharan Sklar filed a $7 million lawsuit 653034/2024 against Rita Sklar on June 12, 2024,seeking a money judgment related to contractat 89 Madison Avenue.

• Rita Sklar on March 22, 2021, filed a $50 million bankruptcy 21-10529-shl for 89 Madison Avenue.

Condominium:

• Vicki Saali filed plans CD250016 on January 21, 2025 for 67-unit condominium called 95 Madison at 95 Madison Avenue.

Violations:

According to city public data, the properties have received one DOB violation, $18,750 in ECB penalties, and $19,530 in OATH penalties in the last year.