248 West 72 Street
Lincoln Square, Manhattan
Parcel ID (BBL): 1011630053
Owner: City Urban Realty
Acquired: March 06, 2025, $40 million
Debt: March 06, 2025, $31.7 million
Built: 1928
SF: 87,150
Dwelling units: 88
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 16
HPD Ownership Registration Information
Last registered: 2025-07-01 (expires 2026-09-01)
Cur 244W72 Holdings Llc
Corporate Owner
99 Madison Avenue 606 New York, NY, 10016
Cur Management Llc
Agent
99 Madison Avenue 606 New York, NY, 10016
Spencer Kane
Site Manager
Transactions:
• City Urban Realty borrowed $31.7 million from Israel Discount Bank for 244 West 72nd Street, Lincoln Square, Manhattan on March 06, 2025.
• Empire Management and Gatsby Enterprises sold 244 West 72nd Street, Lincoln Square, Manhattan for $40 million to City Urban Realty on March 06, 2025.
• Empire Management, Gatsby Enterprises and Keystone Management borrowed $15 million from Derby Copeland Capital for 244 West 72nd Street, Lincoln Square, Manhattan on August 05, 2024.
Development:
• Michael Alvandi filed alteration job M01412743 for 2,296 sqft RES building with 86 apartments in Lincoln Square, Manhattan, on June 05, 2026.
• Michael Alvandi filed alteration job M01408221 for 702 sqft RES building with 86 apartments in Lincoln Square, Manhattan, on May 27, 2026.
• Michael Alvandi filed alteration job M01389624 for 3,588 sqft RES building with 86 apartments in Lincoln Square, Manhattan, on April 21, 2026.
• Michael Alvandi filed alteration job M01365173 for 3,040 sqft building with 86 apartments in Lincoln Square, Manhattan, on March 07, 2026.
• Michael Alvandi filed alteration job M01339374 for 654 sqft RES building with 86 apartments in Lincoln Square, Manhattan, on December 29, 2025.
Litigation:
• Fannie Mae filed a $13.5 million pre-foreclosure 1:24-cv-04135 on May 30, 2024, against Empire Management and Fred Ohebshalom at 244 West 72 Street.
Violations:
According to city public data, the properties have received one DOB violation, $21,750 in ECB penalties, and $27,390 in OATH penalties in the last year.