16 John Street

Owner: Trans World Equities

Debt: July 18, 2024, $12.9 million

Built: 1900

Renovated: 1988

SF: 31,118

Dwelling units: 15

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 13

Transactions:

• Trans World Equities borrowed $12.9 million from Bank of America for 12 John Street, Financial District, Manhattan on July 18, 2024.

• Trans World Equities on April 30, 2024 bought a loan with an original principal of $13.6 million from Fortress Investment Group, signed by Constantine M. Dakolias, secured by 12-16 John Street, Financial District, Manhattan, when owned by Trans World Equities.

• Fortress Investment Group on December 21, 2023 bought a loan with an original principal of $13.6 million from Capital One, signed by Matthew Brower, secured by 12-16 John Street, Financial District, Manhattan, when owned by Trans World Equities.

Development:

• Shunyu Sheh filed plans for alteration in Financial District, Manhattan, on March 25, 2025.

• Daniel Forrester filed plans for alteration in Financial District, Manhattan, on February 25, 2025.

• Eldar Asadualyev filed plans for alteration in Financial District, Manhattan, on December 03, 2024.

• Ciro Salcedo filed plans for alteration in Financial District, Manhattan, on December 06, 2019.

• Simranpal Singh filed plans for alteration in Financial District, Manhattan, on November 20, 2018.

Violations:

According to city public data, the properties have received $1,250 in ECB penalties, two housing violations, and $1,250 in OATH penalties in the last year.