UAE owner of stalled condo conversion at 609 Fifth files bankruptcy as $70M loan matures
The United Arab Emirates-based owner of the stalled condominium conversion set for the upper portion
Transfers
Gorjian Real Estate signs $14.7M refi with Chase for 50-unit rental in Hell’s Kitchen
Gorjian Real Estate Group through the entity GG West 57 Owner LLC as borrower signed
$16.5M rehab construction loan from Be Aviv for 166-unit conversion in Garment District
Mendel Fleischman through the entity 35 Garden LLC as borrower signed a rehab construction loan
Michael Aryeh, RoeCo LLC, Yassky sign $8.8M refi with Flushing Bank for 52-unit rental in Washington Heights
Michael Aryeh, RoeCo LLC, and Yassky Properties through the entity 113 West LLC as borrower
Loketch Group pays $11M for 17-unit dev site in Fort Greene
Loketch Group through the entity 158 Oxford LLC paid $11 million to Marc E. Lambrechts
Midwood Investment, Niarchos family pay $41M to Samco for retail in Greenwich Village
Midwood Investment & Development and Stavros Niarchos family through the entity One Greenwich Retail Ecu
Shahram John Gatan pays $6.5M for 31-unit walkup in Yorkville
Shahram John Gatan through the entity BH 437 LLC paid $6.5 million to the Intner
Artan Prelaj pays $7.2M for 99-unit dev site in Tremont
Artan Prelaj through the entity 2923-35 Third LLC paid $7.2 million to Aleksander Lakal through
Juan Qing Lu pays $8M for Sirico’s banquet hall in Dyker Heights
Juan Qing Lu through the entity JMAL Group LLC paid $8 million to the Sirico