Nexus Building Development Group

123 5th Avenue, Floor 4, New York, NY 10003

People:

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Top Ten Associated People:

John Viola (1), Joseph V. Scelsa (1), Mark D. Mermel (1)

Recent activity as company:

Nexus Building Development Group sold 185 Grand Street, Little Italy, Manhattan for $2.5 million to Italian American Museum on December 21, 2022.

Nexus Building Development Group sold 185 Grand Street, Little Italy, Manhattan for $5.4 million to National Italian American Foundation on October 04, 2022.

Nexus Building Development Group sold 45 East 7th Street, East Village, Manhattan for $6.1 million to Premier Equities on December 07, 2021.

Nexus Building Development Group borrowed $10.8 million from Sovcombank for 324 East 93rd Street, Upper East Side, Manhattan on October 13, 2021.

Nexus Building Development Group borrowed $26.5 million from Be Aviv for 119 2nd Avenue, East Village, Manhattan on November 19, 2020.

Nexus Building Development Group borrowed $28.5 million from Bank Leumi for 169 Chrystie Street, 167 Chrystie Street, Lower East Side, Manhattan on February 14, 2020.

Nexus Building Development Group borrowed $30.5 million from Be-Aviv for 1444 3rd Avenue, the Upper East Side, Manhattan on February 14, 2020.

Nexus Building Development Group borrowed $14.8 million from Spruce Capital for 906 Prospect Place, Crown Heights, Brooklyn on October 10, 2019.

Nexus Building Development Group borrowed $23.2 million from Continental Insurance Group for 258 Bowery, Nolita, Manhattan on September 03, 2019.

Latest Stories:

• Premier Equities sells retail condo in East Village for $14.2M, acquired for $6.1M (August 14, 2023)

• Italian American Museum pays $2.5M to Nexus for commercial condo in Little Italy (December 22, 2022)

• HUBB NYC pays $63.5M to Be-Aviv for 78-unit rental in Lower East Side (June 17, 2022)

• Premier Equities pays $6.1M for retail condo in East Village (December 08, 2021)

• Nexus Development refis with $26.5M from Be-Aviv for new building in East Village (November 20, 2020)

• Ben Harlev’s Arava Group is fully permitted for construction of a 78-unit, 58K sf residential building in Lower East Side (April 02, 2020)

• Yaniv Cohen’s Nexus Building Development Group borrows $31M from Be Aviv 82nd Street Funding LLC for property in the Upper East Side (February 17, 2020)

• Nexus Building Development Group borrows $29M from Bank Leumi for LES new development (February 17, 2020)

• Yaniv Cohen’s Nexus Building Development Group borrows $15M from S3 Capital for property in Crown Heights (October 11, 2019)

• Nexus Building Development Group obtained financing of $23M from Continental General Insurance Company (September 04, 2019)

Properties:

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