Pre-foreclosures: $310M at Moinian’s Grand Central office; $26.65M at Gindi’s Greenwich Village retail
Special servicers filed two significant pre-foreclosure actions yesterday in New York State Supreme Court in
Top Story
Wharton Properties, SLG buy $195M note secured by their Times Square retail
Jeff Sutton’s Wharton Properties and the large real estate investment trust SL Green Realty through
$180M pre-foreclosure filed at APF Midtown West office building, 3rd for owner since 2024
LNR Partners, representing bondholders of the securitized trust Series 2015-C27, filed a $180 million pre-foreclosure
Magna Hospitality is UCC auction winner of Moinian’s Hilton-branded Midtown West hotel, valued at $143.9M
Magna Hospitality Group through the entity Twin Summit NY LLC acquired control of the Hilton-branded,
Sedesco pays $18.5M to Vornado, LeFrak for office, retail in Midtown West condo tower
Sedesco through the entity Bob 57 Development LLC paid $18.5 million to Vornado Realty Trust
Cottonwood Group buys $89.8M note secured by Boris Kuzinez NoMad condo project
Cottonwood Group through the entity CW Ranger Capital Management, LLC bought a note with an
David Templer pays $60M to Braver for Soundview dev site, gets $140M construction loan
David Templer through the entity Soundview Empire LLC paid $60 million to Express Builders through
Vornado fights Sol Goldman family over Flushing mall ground lease where Sam Chang is subtenant
Vornado Realty Trust filed a lawsuit in New York State Supreme Court in Manhattan yesterday
Extell battles Pinnacle Group over future management of Midtown West hotel
Gary Barnett’s Extell Development filed a lawsuit in New York State Supreme Court yesterday laying