Developer Joel Schwartz pays $5.3M to Moses Guttman for 20-unit dev site in Williamsburg
Joel Schwartz through the entity North 7 Apartments LLC paid $5.3 million to Moses Guttman
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Barings acquires Garment District hotel from Watermark valued at $73.7M
Barings through the entity West 37th Street Hotel LLC acquired the hotel building (H3) at
New multifamily projects fall sharply after 421a expiration
Developers filed far fewer projects in the months since the 421a tax exemption expired earlier
LoanCore files to foreclose on $196M loan secured by Midtown East retail, office
UPDATED 2:30 p.m., Oct. 6, 2022: Lender LoanCore Capital filed a pre-foreclosure action against entities
RedHoek+Partners pays $12.5M for adjacent parcels in Gravesend, adds to potential dev site
RedHoek+Partners paid $12.5 million for two adjacent parcels in Gravesend, from two separate sellers in
Apollo Global Management pays $83.5M to Torchlight Investors for hotel in Times Square
Apollo Global Management through the entity Tsq Hotel Owner LLC paid $83.5 million to Torchlight
Regal Ventures pays $35M to Prudential Financial for retail, garage in Hell’s Kitchen
Regal Ventures, formerly known as Regal Acquisitions, through the entity Regal 897 8th Ave LLC
Empire Capital, Namdar pay $72M to AEW Capital for office building in Midtown East
Empire Capital Holdings and Namdar Realty Group through the entity Empire 830 Third LLC paid
$180M pre-foreclosure filed at Jeff Sutton’s 1551 Broadway, loan matured in July 2021
The special servicer for a $180 million commercial mortgage-backed security loan filed a pre-foreclosure action