16 Vesey Street
Financial District, Manhattan
Parcel ID (BBL): 1000880002
Owner: Jtre Holdings
Acquired: May 07, 2021, $19 million
Debt: May 26, 2021, $8 million
Built: 1930
SF: 30,000
Dwelling units: 0
No. of buildings: 1
Class: Professional Buildings (O7)
Floors: 4
Transactions:
• JTRE borrowed $8 million from CPIF Lending for 14 Vesey Street, Tribeca, Manhattan on May 26, 2021.
• JTRE borrowed $18.1 million from CPIF Lending for 14 Vesey Street, Tribeca, Manhattan on May 07, 2021.
• New York County Lawyers Association sold 14 Vesey Street, Tribeca, Manhattan for $19 million to JTRE on May 07, 2021.
Development:
• William Rivera filed plans for A3 in Financial District, Manhattan, on July 31, 2009.
• Carol Sigmond filed plans for alteration in Financial District, Manhattan, on February 22, 2017.
• Thomas Del Mastro filed plans for A3 in Financial District, Manhattan, on July 23, 2009.
• Thomas Del Mastro filed plans for A3 in Financial District, Manhattan, on July 23, 2009.
• Sophia Gianacoplos filed plans for alteration in Financial District, Manhattan, on December 06, 2000.
Litigation:
• Columbia Pacific Advisors filed a $27.8 million lawsuit 656413/2023 against JTRE on December 21, 2023,seeking a judgment related to receiverat 14 Vesey Street.
• JTRE and Jack Terzi filed a $28 million lawsuit 650937/2024 against Columbia Pacific Advisors on February 22, 2024,seeking a judgment related to UCC saleat 14 Vesey Street.
• A $28 million bankruptcy lawsuit was filed on February 28, 2024 24-12086-MBK for 14 Vesey Street that has creditor Columbia Pacific Advisors.
Violations:
According to city public data, the properties have received one DOB violation and $9,600 in OATH penalties in the last year.