Transfers

CACHED

Joseph Ciampa affiliate buys 78% stake in Ciampa Organization rental in Rego Park, valued at $18.4M

Joseph Ciampa of the Ciampa Organization through the entity Ciampa 63-36 Realty LLC acquired through a related party sale with the Ciampa Organization entity Ciampa Metropolitan LLC an approximately 78 percent stake in the 66-unit residential elevator building (D1) at 63-36 98th Place in Rego Park, Queens. The transfer valued the property at $18.4 million. The expected use is cash flowing. PincusCo does not consider…

S.W. Management files plans for 7-unit building in SoHo

S.W. Management submitted a new building construction project for a seven-unit, 8,481 square-foot residential (R-2) building at 139 Thompson Street in Soho, Manhattan. The plan was filed with the New York City Department of Buildings on July 29, 2025 under job number M01248702. It calls for the construction of a six-story building. The project is described in the filing as: construct new six-story, residential, multi-family…

Post-bankruptcy auction set for $19M Aview Equities 28-unit Midtown West building, $36.76M loan default

A court-appointed referee scheduled a foreclosure auction for September 17, 2025, to sell the 28-unit apartment building at 19 West 55th Street, in Midtown West, Manhattan, that secures an allegedly defaulted $36.76 million loan Abraham Leifer’s Aview Equities , through the entity 19 W 55 LLC, borrowed on December 30, 2019. The auction date was disclosed in a notice of sale published August 1, 2025,…

Greenbrook Partners pays $4.1M for 6-unit mixed-use in Park Slope

Greenbrook Partners through the entity 291 7th Avenue Owner LLC paid $4.1 million for the six-unit mixed-use building (S5) at 291 Seventh Avenue in Park Slope, Brooklyn. The expected use is cash flowing. The deal closed on July 17, 2025 and was recorded on July 30, 2025. The property has 4,720 square feet of built space and 31 square feet of additional air rights for…

Kings Capital pays $4.7M for 12-unit walkup in Brooklyn Heights

Kings Capital through the entity 138 Joralemon Owner LLC paid $4.7 million to Gary Guttman through the entity 138 Joralemon LLC for the 12-unit residential walkup building (C1) at 138 Joralemon Street in Brooklyn Heights, Brooklyn. The expected use is cash flowing. The deal closed on July 21, 2025 and was recorded on July 30, 2025. The property has 6,250 square feet of built space…

$85M note secured by Cohen Brothers Midtown East office building sold, buyer anonymous

The entity Midtown Manhattan Lender LLC with unknown ownership, in care of the law firm Wachtel Missry, bought a note with an original principal of $85 million from Forethought Life Insurance Company secured by Cohen Brothers Realty‘s office building (O6) at 3 East 54th Street in Midtown East, Manhattan. Cohen Brothers was moving forward with a plan in 2020 to use air rights and zoning…

Nelson Management Group signs $18.4M refi for 112-unit rental in Forest Hills

Nelson Management Group through the entity Global 69th Avenue LLC as borrower signed a refi loan with lender Santander Bank valued at $18.4 million for the 112-unit residential elevator building (D6) at 105-05 69th Avenue in Forest Hills, Queens. The deal closed on July 17, 2025 and was recorded on July 31, 2025. The prior lender was Flagstar Bank which held debt that had an…

Carlyle, Greenbrook pay $2.5M to CW Realty Group for 4-family in Ridgewood

Carlyle Group and Greenbrook Partners through the entity Townhouse Rental II, L.L.C. paid $2.5 million to CW Realty Group through the entity 286 Onderdonk LLC for the four-unit building (C3) at 286 Onderdonk Avenue in Ridgewood, Queens. The expected use is cash flowing. The deal closed on July 9, 2025 and was recorded on July 31, 2025. The property has 3,100 square feet of built…

Brusco Realty pays $2.7M for 20-unit walkup in Morningside Heights

Brusco Realty through the entity 192 Claremont Realty LLC paid $2.7 million to Gustavo Quattone Lessa through the entity 192 Claremont LLC for the 20-unit residential walkup building (C1) at 192 Claremont Avenue in Morningside Heights, Manhattan. The expected use is cash flowing. The deal closed on June 18, 2025 and was recorded on July 31, 2025. The property has 16,790 square feet of built…

Gorjian Real Estate Group pays $4.4M for 12-unit walkup in Upper West Side

Gorjian Real Estate Group through the entity GG 463 Columbus LLC paid $4.4 million to Jeffrey Reingold and Stephanie Reingold through the entity 463 Columbus Ave, Corp. for the 12-unit residential walkup building (C7) at 463 Columbus Avenue in Upper West Side, Manhattan. The expected use is cash flowing. The deal closed on July 21, 2025 and was recorded on July 31, 2025. The property…

Abraham Lipschitz pays $12.5M to Sandy Stillman for Wythe Diner dev site in Williamsburg

Abraham Lipschitz through the entity 221 Wythe LLC paid $12.5 million to Sandy Stillman through the entity 207 Wythe Realty Enterprises, Ltd. for the 1950s-era Wythe Diner building (K5) at 221 Wythe Avenue in Williamsburg, Brooklyn. The expected use is ground up development. On the lot, there is one active new building construction project, B01201594, for a 28-unit, 24,631 square-foot residential (R-2) building. The project…

Jin Rong Zhang pays $22M to Dadourians for office in Chinatown, owned for 70 years

Jin Rong Zhang through the entity Grand Elizabeth, LLC paid $22 million to Stephen Dadourian and Gregory Dadourian through the entity Eldad Realty Corporation for the office building (O6) at 41 Elizabeth St in Chinatown, Manhattan. The deal closed on July 24, 2025 and was recorded on July 31, 2025. The property has 45,700 square feet of built space according to a PincusCo analysis of…

$55M foreclosure sale date set for Winter Properties Greenwich Village office building

The referee in a foreclosure action that special servicer LNR Partners initiated in 2024 on allegations that a loan with an original principal of $55 million and secured by Winter Properties’ Greenwich Village loft-style office building  at 57-59 East 11th Street, was in a payment default, set the date of September 17, 2025, to auction the building. The current total judgment is more than $61.7…

Benjamin Partners signs $24M refi with M&T for retail, residential in SoHo

Benjamin Partners through the entity 577 Associates LLC as borrower signed a refi loan with lender M&T Bank valued at $24 million for the seven-unit residential elevator building (D7) with retail at 577 Broadway, that has an alternate address of 148 Mercer Street, in SoHo, Manhattan. The building is 24 feet wide and 200 feet deep. The deal closed on July 16, 2025 and was…

Global Holdings Management signs $249.1M refi for 404-unit rental in NoMad

Global Holdings Management Group through the entity 10 East 29th Street Associates LLC as borrower signed a refi loan with lender Wells Fargo valued at $249.1 million for the 404-unit residential elevator building (D8) at 10 East 29th Street, also known as 7 East 28th Street in NoMad, Manhattan. The deal closed on July 28, 2025 and was recorded on July 30, 2025. The prior…

David Hazout pays $15.5M to RYCO Capital for 20-unit walkup in East Village

Albert Hazout and David Hazout through the entity Bcc 141 Second Ave. LLC paid $15.5 million to RYCO Capital through the entity West Lake 141-143 Second Avenue LLC for the 20-unit residential walkup building (C7) at 141 Second Avenue in East Village, Manhattan. The expected use is cash flowing. The deal closed on July 21, 2025 and was recorded on July 30, 2025. The property…

Prime Group Holdings pays $40.1M to Winter Properties for parking in Chelsea, industrial in Hell’s Kitchen

Prime Group Holdings paid $40.1 million to Winter Properties for two storage locations, one in Chelsea near the intersection of 25th Street and 11th Avenue, and another 20 blocks north at the intersection of 45th Street and 11th Avenue in Hell’s Kitchen, in two transactions. In the first, Prime Group Holdings through the entity Prime Storage Empire Capital 550 West Twenty-Fifth Street LLC paid $25.1…

Extell pays $64M to Vornado for Carnegie Hill retail, rental that VNO bought from Extell for $165M

Extell Development through the entity Ex Lucida LLC paid $64 million through a ground lease acquisition to Vornado Realty Trust through the entity VNO 86 Lex LLC for the retail condominium unit at the Lucida at 150 East 86th Street, the 21-unit rental condo at 150 East 86th Street, and an adjacent 15-unit walkup building (C4) at 155 East 85th Street, all in Carnegie Hill,…

Extended Management signs $57M refi with Madison Realty for dev sites in SoHo, Hudson Square valued at $161.9M

Extended Management through the entity 285 Hudson Street Owner LLC as borrower signed a refi loan with lender Madison Realty Capital through the entity 360 West Broadway 1 LLC valued at $57 million for five tax lots tied to three development at 34 Thompson Street and 30 Thompson Street in SoHo, and at 285 Hudson Street in Hudson Square, Manhattan. A portion of the units…

Jacob Chetrit’s estate valued at $825.5M: court records

The estate of the late real estate investor Jacob Chetrit is worth approximately $825.5 million, according to documents filed with New York Surrogate’s Court in Manhattan and disclosed yesterday in a State Supreme Court action. The value of the estate was disclosed approximately six months after he died at age 69 on January 2, 2025. Jacob Chetrit was one of four brothers, the others are…