Joseph Grubner pays $19.5M to Rosedale Management for rental in Washington Heights

Joseph Grubner through the entity Pinehurst Management LLC paid $19.5 million to Rosedale Management through the entity 106 Pinehurst Ave. LLC for 96-unit rental (D1) at 106 Pinehurst Avenue in Washington Heights, Manhattan.
The deal closed on May 13, 2021 and was recorded on May 27, 2021.
The property has 93,180 square feet of built space and 0 square feet of additional air rights for a total buildable of 86,946 square feet according to PincusCo analysis of city data. The sale price per built square foot is $209 per the PincusCo analysis.
The signatory for Rosedale Management was Barry Aronowsky. The signatory for Joseph Grubner was Joseph Grubner.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.
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 106 Pinehurst Ave Llc.

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