72 Forsyth Street

Owner: Black Bear Asset Management

Debt: February 18, 2020, $19.5 million

Built: 1900

SF: 10,060

Dwelling units: 18

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 5

Transactions:

• Black Bear Asset Management borrowed $19.5 million from Morgan Stanley for 72 Forsyth Street, 74 Forsyth Street, 104 Forsyth Street, Lower East Side, Manhattan on February 18, 2020.

Development:

• Jerald Head filed plans for alteration in Lower East Side, Manhattan, on November 26, 2024.

• Jerald Head filed plans for alteration in Lower East Side, Manhattan, on October 11, 2024.

• Navjot Kaur filed plans for A3 in Lower East Side, Manhattan, on October 05, 2016.

• Steven Caspi filed plans for alteration in Lower East Side, Manhattan, on December 12, 2018.

• Navjot Kaur filed plans for A3 in Lower East Side, Manhattan, on October 03, 2016.

Violations:

According to city public data, the properties have received one DOB violation, $30,060 in ECB penalties, and $30,390 in OATH penalties in the last year.

Latest Stories:

• Black Bear Asset Management borrows $19.5M from Morgan Stanley Bank for multifamily property in Lower East Side (February 19, 2020)