Contract signed for UES parcel sandwiched by defaulted HFZ dev site

The entity LACINYC Corp. as buyer signed a memorandum of contract with property owner Philip Ancora through the entity 1133 Lexington Ave. Realty Corp. as seller to purchase the two-unit mixed-use building (S9) at 1133 Lexington Avenue in the Upper East Side, Manhattan.
The memorandum of contract was finalized on May 11, 2021 and was recorded on June 4, 2021.
The property has 3,500 square feet of built space and 8,455 square feet of additional air rights for a total buildable of 11,960 square feet according to PincusCo analysis of city data, however there is a sale of air rights recorded against the property.
The signatory for LACINYC Corp. was Andrew W. Albstein.

The individual who is the contract vendee was not disclosed. The signatory is attorney Andrew Albstein with Goldberg Weprin Finkel Goldstein. This 17-foot wide property separates another 17-footer from four properties Ziel Feldman’s HFZ Capital Group assembled at the corner of Lexington Avenue and East 79th Street between 2017 and 2020 for $78.8 million. W Financial filed to foreclose last month on a $43.6 million loan it gave to HFZ in 2020, as PincusCo reported at the time. This is the second memorandum of contract Ancora has signed that’s been recorded in recent years. In 2016 he signed one with Evan Seiden as buyer with an anticipated closing date in 2017. No sale was ever recorded.

Direct link to Acris document. link