Maheshchand Ratanji buys hotel in Hell’s Kitchen for $49.625M
UPDATED 6:35 p.m., January 8, 2026: Maheshchand Ratanji through the entity TSQ Hotel LLC acquired
Transfers
Developer Avdoo pays $63M for dev site in Hudson Square
The developer Avdoo through the entity 68 King Street Owner LLC paid $63 million to
Dell-affiliate BDT & MSD Partners takes control of 1540 Broadway, was former lender, $237M transfer
The affiliate of Michael Dell’s family office, BDT & MSD Partners through the entity Msd
Namdar Realty Group pays $7.5M to Taconic, partners for retail condo in Lower East Side
Namdar Realty Group through the entity Essex City Realty LLC paid $7.5 million to Taconic
Chetrit Organization affiliate buys $40M defaulted debt at building it owns in SoHo
An affiliate of the Chetrit Organization through the entity C&AI Soho Holding, LLC bought a
Empire Management signs $49M refi loan with LMF Commercial for 11 properties in Manhattan
Fred Ohebshalom’s Empire Management through the entity Redrock Manager At LLC as borrower signed a
GFI Capital signs $80M refi loan with Torchlight for hotel in Boerum Hill
GFI Capital Resources Group through the entity Bond Street Lessee LLC as borrower signed a
Goldfarb family signs $156.6M refi with M&T for 284-unit rental in Hell’s Kitchen
The Goldfarb family-affiliated entity, Park Towers South Company LLC as borrower signed a refi loan
Joel Weiss pays $8.5M to White Castle for 99-unit dev site in Cypress Hills
Joel Weiss through the entity Shepherd & Highland Holdings LLC paid $8.5 million to the