Jonathan Wiener pays $17M to Rosedale Management for UWS rental

Jonathan Wiener through the entity 66 W 88 LLC paid $17 million to Rosedale Management through the entity Cedot Realty Corporation for 48-unit rental (D1) at 66 West 88th Street in the Upper West Side, Manhattan.
The deal closed on June 17, 2021, and was recorded on June 25, 2021.
The property has 48,555 square feet of built space and 71,304 square feet of additional air rights for a total buildable of 119,840 square feet according to PincusCo analysis of city data. The sale price per built square foot is $350 and the price per buildable square foot is $141 per the PincusCo analysis.
The signatory for Rosedale Management was Barry Aronowsky. The signatory for Jonathan Wiener was Jonathan Wiener.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $140,000.
The buyer entity is in care of Denali Management of Yonkers.
The former owners according to the Department of Housing Preservation and Development included Richard Mezan, head officer and Vadim Dorfman, officer. The business entities were Rosedale Mgmt Co and Cedot Realty Corporation.
Within a 400-foot radius of 66 West 88th Street, PincusCo identified six commercial real estate items of interests occurred over the past 24 months.
Of those six items, one was for a major renovation including a certificate of occupancy change. It was an initial temporary certificate of occupancy issued on February 18, 2020 for the $615,700 renovation of a single-family building at 41 West 87th Street.
Of those six items, three were sales above $5 million totaling $18.8 million. The most recent of the three was Douglas Hodge and Kylie Schuyler who bought the 5,860-square-foot, four-unit four-family building (C3) on 5 West 87th Street for $7.6 million on June 3, 2021.
Of those six items, two were loans above $5 million totaling $72.7 million. The most recent of the two was Emerald Equity Group and Black Spruce Capital which borrowed $7 million from Tweed Capital secured by the 4,390-square-foot, 10-unit rental (D1) on 42 West 88th Street and two other properties on January 22, 2021.

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