Young-Hee Lowe through the entity 130 East 37 Street LLC paid $8.5 million to Mews Property through the entity Whitehall Ennismore 37 LLC for the 12-unit residential elevator building (D3) at 130 East 37th Street in Grand Central, Manhattan. The expected use is cash flowing. The deal closed on April 17, 2026 and was recorded on April 30, 2026. The property has 5,570 square feet…
Zelig Weiss through the entity 165 Residence LLC signed a contract as buyer with Francmen Realty as seller for the retail building (K1) at 89-49 164th Street in Jamaica, Queens. The expected use is ground up development. The price was not disclosed on the memorandum of contract. The memorandum of contract was signed on on March 10, 2026 and was recorded on April 30, 2026….
Sabet Group through the entity 502 E 12 St Holdings LLC paid $4.3 million to Norma Herrick through the entity Herrick 502 LLC for the 10-unit residential walkup building (C4) at 502 East 12th Street in Alphabet City, Manhattan. The expected use is cash flowing. The deal closed on April 29, 2026 and was recorded on April 30, 2026. The property has 6,300 square feet…
James Rogers-Gahan through the entity 280 Bleecker Street Owner LLC paid $9.2 million to RYCO Capital through the entity Keystone 280 Bleecker LLC for the three-unit mixed-use building (S3) at 280 Bleecker Street in Greenwich Village, Manhattan. The expected use is cash flowing. The deal closed on April 23, 2026 and was recorded on April 30, 2026. The property has 4,208 square feet of built…
Hikari Power Z Co. through the entity Hikari Power Z Co., Ltd. paid $15.2 million to Jody Kriss and Lockhill Properties through the entity 246 E 53rd Owner LLC for the 20-unit residential walkup building (C7) at 246 East 53rd Street in Midtown East, Manhattan. The expected use is cash flowing. The deal closed on April 20, 2026 and was recorded on April 30, 2026….
The Domain Companies, a New York-based real estate development and investment firm led by Matt Schwartz and Chris Papamichael, is in contract to pay $21.5 million for a five-parcel development site at 5-17 47th Avenue in Long Island City, Queens, from the City University of New York’s Graduate Center Foundation Housing Corporation LIC. The properties are tax block 28 Lots 12, 15, 17, 18 and…
Florida-based Gulf Coast Commercial through the entity 559 West 22nd Development, LLC paid $4 million to Related Companies through the entity 22nd And 11th Associates, L.L.C. for the mixed-use building (K9) at 162 11th Avenue in Chelsea, Manhattan. The expected use is cash flowing. The deal closed on April 27, 2026 and was recorded on April 30, 2026. The property has 7,408 square feet of…
Cornell University filed a lawsuit on April 29, 2026, in the Supreme Court of the State of New York, New York County, seeking a declaratory judgment that the 65-year ground lease for the Graduate Roosevelt Island Hotel has been terminated. This suit comes a week after ACRES Capital filed a lawsuit, but not a foreclosure action, alleging defaults on a $76.5 million loan secured by…
Yitzchok Schwartz through the entity Van Buren II LLC paid $6 million through a bankruptcy to Upper Room Baptist Church through the entity Richard J Corbi, Esq, Chapter 11 Operating Trustee for the specialty building (M1) at 180 Van Buren in Bedford Stuyvesant, Brooklyn. The expected use is ground up development. The deal closed on April 21, 2026 and was recorded on April 28, 2026….
Z Capital Group through the entity Melo Z Phantom Cap LLC paid $2.5 million to Robert Falco through the entity Robert Victoria Incorporated for the eight-unit property (C7) at 2-22 Beach 97th Street in Rockaway Beach, Queens and an adjacent parcel (V0) on Beach 97th Street in Rockaway Beach, Queens. The deal closed on March 20, 2026 and was recorded on April 28, 2026. The…
Owemanco through the entity Owemanco’s Crown Heights Run L.P. paid $3.8 million to Firebird Grove through the entity OR 665 St. Marks LLC for the 21-unit residential elevator building (D9) at 665 St Marks Avenue in Crown Heights, Brooklyn. The expected use is cash flowing. The deal closed on March 30, 2026 and was recorded on April 28, 2026. The property has 17,790 square feet…
JSAF Capital through the entity Bedat Holding LLC paid $4.2 million to Loeffler family through the entity 1710 L.L.C. for the 19-unit residential elevator building (D1) at 1710 Newkirk Avenue in Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on April 17, 2026 and was recorded on April 28, 2026. The property has 17,213 square feet of built space according to a…
Kings Capital through the entity 109 East 29th LLC paid $7.2 million to the entity 491 Bayonne LLC for the 20-unit residential walkup building (C7) at 515 East 12th Street in Alphabet City, Manhattan. The expected use is cash flowing. The deal closed on April 27, 2026 and was recorded on April 29, 2026. The property has 9,309 square feet of built space and 1,006…
Avery Hall Investments and Brodsky Organization paid $49 million to two sellers in two transactions for a development site in Crown Heights, Brooklyn. In the larger transaction, Avery Hall Investments and Brodsky Organization through the entity Pacific Dean Owner LLC paid $33 million to Nadine Oelsner through the entity 962 Pacific St LLC for the development parcel (V1) at 962 Pacific Street in Crown Heights,…
Palwinder Singh (who often partners with Aditya Shah) paid $12.8 million to Antonio Restivo for a likely development site in Long Island City in two transactions. In the first, Palwinder Singh through the entity 47th Ave LIC LLC paid $6.4 million to Antonio Restivo through the entity Island Point Properties 11, Inc. for the vacant lot (G7) at 5-31 47th Avenue in Long Island City,…
Rialto Capital Management through the entity RSS Comm2014-Ccre15- Ny W4f, LLC through a judicial foreclosure for the office building (O6) at 25 West 45th Street in Midtown West, Manhattan. The expected use is hold for sale. The prior owner, APF Properties, lost the asset through this foreclosure auction. The city valued the transfer at $46.9 million. The deal closed on April 17, 2026 and was…
Benny Wercberger through the entity Mt Hope 27 LLC as borrower signed a new construction loan with lender NorthEast Community Bank for a 99-unit project planned for 27-29 Mt Hope Place in Mt Hope, Bronx. The deal closed on April 23, 2026 and was recorded on April 29, 2026. The property has 4,096 square feet of built space and 14,718 square feet of additional air…
Buildhouser through the entity Mt Hope 23 LLC as borrower signed a new construction loan with lender NorthEast Community Bank through the entity Northeast Community Bank valued at $21.1 million for the 99-unit project planned for 23 Mt Hope Place in Mt Hope, Bronx. On the lot, there is one active new building construction project, X01222893, for a 99-unit, 71,622 square-foot residential (R-2) building. The…
Cayre Equities through the entity Cs 3208 Fulton LLC paid $5 million to Zachary Lewis through the entity 3208 Fulton LLC for the Cypress Hills-Fulton St. Senior Center specialty building (I5) at 3208 Fulton Street in Cypress Hills, Brooklyn. The deal closed on April 15, 2026 and was recorded on April 29, 2026. The property has 25,000 square feet of built space and 5,300 square…
Leon Goldenberg through the entity 22-25 New Haven LLC as borrower signed a refi loan with lender FourLeaf Federal Credit Union valued at $8.2 million for the 26-unit residential elevator building (D1) at 22-25 New Haven Avenue in Far Rockaway, Queens. The deal closed on April 17, 2026 and was recorded on April 28, 2026. The prior lender was Valley National Bank which held debt…
