118 East 150 Street
Concourse, Bronx
Parcel ID (BBL): 2023520015
Owner: Vantage Elevation
Debt: October 02, 2023, $45 million
Built: 1913
SF: 50,000
Dwelling units: 0
No. of buildings: 1
Class: Heavy Manufacturing (Fireproof) (F1)
Floors: 2
Transactions:
• Vantage Elevation borrowed $45 million from Royal Bank Of Canada for 585 Gerard Avenue, N/A East 153rd Street, N/A Cromwell Avenue, N/A East 153rd Street, 10 Maj Wm Deegan Blvd, and others, Concourse, Bronx on October 02, 2023.
Development:
• Paul Seifried filed plans for alteration in Concourse, Bronx, on September 14, 2015.
• Herbert Glazer filed plans for alteration in Concourse, Bronx, on February 23, 2017.
• Herbert Glazer filed plans for alteration in Concourse, Bronx, on August 13, 2002.
• Paul Seifried filed plans for alteration in Concourse, Bronx, on February 24, 2017.
Litigation:
• Maddd Equities filed a $75 million lawsuit 807353/2022E against G.A.L. MANUFACTURING COMPANY on May 13, 2022,seeking a money judgment related to contractat 585 Gerard Avenue.
Violations:
According to city public data, the properties have received $900 in OATH penalties in the last year.