Bijan Nassi through the entity 60-62 E. Eleventh Street Corp as borrower signed a refi loan with lender T30 Capital through the entity Forthill GV Office Holder, LLC valued at $22.5 million for three office properties with one residential unit including the office building (O6) at 99 University Place, the office building (O6) at 60 East 11th Street, and the office building (O8) at 58…
OKO Group through the entity 730 Fifth Upper, LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $115 million for the hotel condo at 730 Fifth Avenue in Midtown West, Manhattan. The deal closed on July 7, 2025 and was recorded on July 29, 2025. The prior lender was JPMorgan Chase which held debt that had an original loan amount of…
Ioannis Likidis through the entity 96-09 Forest Realty LLC paid $4 million to Shahanara Khan through the entity 96-01 Forest Hills LLC for the retail building (K1) at 96-01 69th Avenue in Forest Hills, Queens. The expected use is cash flowing. The deal closed on July 16, 2025 and was recorded on July 29, 2025. The property has 7,900 square feet of built space and…
Zalman Brody through the entity 942 Woodycrest LLC paid $5.4 million to Chestnut Holdings of New York through the entity Emkh LLC for the development building (V0) at 942 Woodycrest Avenue in Highbridge, Bronx. The expected use is ground up development. To enlarge the development potential on this site, the developers have acquired air rights from the adjacent parcel at 936 Woodycrest Avenue. On the…
Lenders Blackstone Group and Rialto Capital Management through the entity Rss Sig Cre 2023 – Ny 1ms, LLC acquired the retail condominium unit at 160 Montague Street in Brooklyn Heights, Brooklyn, from Wharton Properties through the entity 160 Montague Street LLC, in a transfer valued at $8.56 million. The deal closed on June 27, 2025 and was recorded on July 29, 2025. The property has…
UPDATED 12:17 p.m., July 30, 2025: Josef Chehebar’s Checo Acquisitions through the entity Checo 200 West 14th LLC paid $10 million to David Haselkorn through the entity Waverly Real Estate, LLC for the walkup building (C7) with 12 residential units and six commercial units at 62 Seventh Avenue in West Village, Manhattan. The expected use is cash flowing. The deal closed on July 23, 2025…
The entity Sdei Louisa St Trust paid $13.5 million to Pearl Realty Management through the entity 1317 36th St LLC for the industrial building (G2) at 1317 36th Street in Kensington, Brooklyn and an adjacent parking lot. The expected use is ground up development. The site was being marketed for development. Kalmon Dolgin Listing The deal closed on July 24, 2025 and was recorded on…
LNR Partners as special servicer for a $111 million loan filed a pre-foreclosure action yesterday alleging a payment default on the debt secured by CIM Group‘s 290,440-square-foot Brooklyn Heights office building at 16 Court Street. LNR filed the action in New York State Supreme Court in Brooklyn on July 29, 2025. Court filings represent the position of one party and are not necessarily accurate or…
Ignacio Castillo through the entity Hampden Realty LLC as borrower signed a refi loan with lender TruStage Financial Group through the entity CMFG Life Insurance Company valued at $11 million for two residential walkup properties with 113 residential units including the 62-unit residential walkup building (C7) at 2254 Cedar Avenue in University Heights, Bronx and 51-unit residential walkup building (C7) at 2269 Hampden Place in…
Lalmir Sultanzada through the entity 247-53 Jericho Realty LLC paid $3.4 million to Flagstar Bank for the retail building (K7) at 247-53 Jericho Turnpike in Bellerose Manor, Queens. The expected use is cash flowing. The deal closed on June 27, 2025 and was recorded on July 23, 2025. The property has 2,280 square feet of built space and 10,156 square feet of additional air rights…
RXR Realty through the entity RXR 2413 Third Owner LLC as borrower signed a refi loan with lender Aareal Capital valued at $70 million for the 200-unit residential elevator building (D7) the Maven, at 2413 Third Avenue in Mott Haven, the Bronx. The deal closed on July 18, 2025 and was recorded on July 28, 2025. The prior lender was Bank of America which held…
Jay Group, AB & Sons Group, and Jacob Aini through the entity 101 Fleet Aa LLC as borrower signed a refi loan with lender New York Life Insurance Company valued at $100.8 million for the 294-unit residential elevator building (D6) at 101 Fleet Place in Downtown Brooklyn, Brooklyn. The deal closed on July 10, 2025 and was recorded on July 28, 2025. The prior lender…
Rockwood Capital through the entity Nrcf 2gc LLC as borrower signed a refi loan with lender MetLife through the entity Metropolitan Life Insurance Company valued at $262.6 million for the office building (O4) at 147 East 44th Street in Grand Central, Manhattan. The deal closed on July 24, 2025 and was recorded on July 28, 2025. The prior lender was MetLife which held debt that…
Marek Kaczor through the entity Frost Street Holdings LLC paid $4.7 million for the four-unit building (C3) at 138 Frost Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on July 8, 2025 and was recorded on July 28, 2025. The property has 5,540 square feet of built space and 4,450 square feet of additional air rights for a total buildable…
Chaskel Landau and Akiba Rand through the entity 350 West 38 LLC paid $11 million to Bob Lai through the entity Lai Enterprises 1 Inc. for the office and retail building (O5) at 350-352 West 38th Street in Garment District, Manhattan. The expected use is cash flowing. The deal closed on July 14, 2025 and was recorded on July 28, 2025. The property has 29,628…
The entity 387 West Broadway Commercial LLC acquired an interest from Epic LLC’s Epic VNO Corp., valued at $25.4 million involving the office building (O6) at 40-42 Thompson Street in SoHo, Manhattan. This is an entity level transfer, not a deed sale. This transaction is similar to one on January 9, 2025, in which the same buying entity, 387 West Broadway Commercial LLC in care…
Sterling Equities through the entity 1378 Bedford LLC as borrower signed a refi loan with lender Valley National Bank through the entity Valley National Bank valued at $12.8 million for four adjacent residential elevator properties with 10 units each and a total of 40 units, at 1378, 1380, 1382 and 1384 Bedford Avenue. The deal closed on July 1, 2025 and was recorded on July…
Max Weinman through the entity 45 Graham Ave LLC as borrower signed a refi loan with lender Arbor Realty Trust through the entity Arbor Agency Lending, LLC valued at $17 million for the mixed-used 35-unit and retail building at 50 Varet Street, also known as 45 Graham Avenue in Williamsburg, Brooklyn. The newly constructed building is divided into four condominium units, including one for the…
Poise Property Group through the entity 36 Frost Street LLC paid $7.5 million to Michael Weiss through the entity Laubec 36, LLC for the development site at 36 Frost Street in Williamsburg, Brooklyn. The expected use is ground up development. The deal closed on July 7, 2025 and was recorded on July 22, 2025. The property has 7,487 square feet of built space and 7,487…
Joel Leifer of Excelsior Care Group through the entity Throgs Neck Realty Group LLC as borrower signed a refi loan with lender Monticelloam through the entity Monticelloam Funding, LLC Series Sh-86 valued at up to $217 million for the Throgs Neck Rehabilitation & Nursing Center specialty building (I6) at 707 Throgs Neck Expressway in Throgs Neck, Bronx. The deal closed on June 26, 2025 and…
