Cerco Funding acquires $8.6M Midtown East office ground lease after AEW, ABS default
Cerco Funding through the entity Lex57 LLC signed as tenant for a long-term ground lease
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Chess Builders pays $50M to Extell Development for dev site in Yorkville
Chess Builders through the entity East 86 Realty LLC paid $50 million to Extell Development
Eli, Isaac Chetrit, sell 70% stake in SoHo property to Aini Assets, halting foreclosure
Jacob Aini’s Aini Assets through the entity 447 Broadway AA LLC paid $10.5 million to
Sioni Group pays $21.3M to Empire Management for office in Penn Plaza, second building on block
Ray Yadidi’s Sioni Group through the entity 363 7th LLC paid $21.3 million to Empire
TIAA alleges it has terminated SL Green’s $120M ground lease at 2 Herald Square
UPDATED 10:55 a.m., March 4, 2025: The pension giant Teacher Insurance Annuity Association, known as
AllianceBernstein acquires 29 unsold commercial condos valued at $60.8M from Carlyle Group in Turtle Bay
AllianceBernstein through the entity AB 866 Plaza Nominee LLC acquired from the Carlyle Group through
$55M pre-foreclosure filed at Thor’s East Harlem commercial, Sitt sought special servicing
The special servicer for a loan with an original principal of $55 million filed a
Fannie Mae files $74.8M pre-foreclosure at Moinian Group FiDi rental
Fannie Mae alleges a loan with an original principal of $74.8 million provided to Moinian
Long-time owners sell SoHo commercial for $40M to Spear Street Capital
Spear Street Capital through the entity 165 Mercer Owner LLC paid $40 million to the