Acadia Realty Trust through the entity 97 N. 6th Street Owner LLC paid $27.5 million to City Urban Realty and Namdar Realty Group through the entity 95 North 6th Investor, LLC for the retail building (K2) at 97 North 6th Street in Williamsburg, Brooklyn. The expected use is cash flowing. The city issued a certificate of occupancy on March 14, 2025, city records show. On…
Agudas Shaarei Menachem through the entity Agudas Shaarei Menachem, Inc. as borrower signed a refi loan with lender Grasshopper Bank through the entity Grasshopper Bank, N.A. valued at $8.2 million for the specialty building (P5) at 1561 50th Street in Borough Park, Brooklyn. The deal closed on March 27, 2025 and was recorded on April 21, 2025. The prior lender was Octago Funding which held…
Princeton International Properties through the entity Plaza 52, LLC as borrower signed a refi loan with lender Deutsche Bank, Stateland International and Tasaba LLC, valued at $125.1 million for the office building (O4) at 154 East 52nd Street in Midtown East, Manhattan. The deal closed on April 8, 2025 and was recorded on April 21, 2025. The prior lender was Blackstone Group which held debt…
Carlyle Group and Greenbrook Partners through the entity Townhouse Rental II, L.L.C. paid $2.3 million to Sinai Sassouni through the entity Od26 LLC for the four-unit building (C3) at 285 Onderdonk Avenue in Ridgewood, Queens. The expected use is cash flowing. The deal closed on April 9, 2025 and was recorded on April 21, 2025. The property has 2,750 square feet of built space and…
Center Street Capital through the entity 222 North 6th Street LLC paid $2.5 million to Howard Friedman through the entity North Sixth Realty LLC for the eight-unit residential walkup building (C1) at 222 North 6th Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on April 4, 2025 and was recorded on April 21, 2025. The property has 6,160 square feet…
The entity 1420 44 Street Associates LLC paid $2.8 million to the entity 1420 44th LLC for the three-unit building (C0) at 1420 44th Street in Borough Park, Brooklyn. The expected use is cash flowing. The deal closed on April 1, 2025 and was recorded on April 21, 2025. The property has 3,600 square feet of built space and 2,734 square feet of additional air…
Albert Aranbaev through the entity 235 MXB LLC paid $3.2 million to Sugar Hill Capital Partners through the entity 235 Mxb Residences, LLC for the six-unit mixed-use building (S9) at 235 Malcolm X Boulevard in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on April 7, 2025 and was recorded on April 21, 2025. The property has 6,760 square feet of…
An affiliated entity of the medical group Gastroenterology Associates of Brooklyn paid $10 million to Birchwood Properties for two properties in in Bath Beach, Brooklyn, in two transactions. In the larger, the Gastroenterology Associates of Brooklyn affiliate MYDL Bay LLC paid $8.5 million to Birchwood Properties through the entity Stony Run Equities Inc for the mixed-use property at 8622 Bay Parkway in Bath Beach, Brooklyn….
UPDATED 9:25 a.m., April 22, 2025: Carlyle Group and Z+G Property Group through the entity 202 8th Street Owner, L.L.C. paid $32.1 million to Werber Real Estate through the entity 202 Park Slope LLC for the 51-unit residential elevator building (D1) at 438 4th Avenue in Gowanus, Brooklyn. The expected use is cash flowing. The deal closed on April 15, 2025 and was recorded on…
Vornado Realty Trust through the entity 1535 Broadway LLC as borrower signed an initial loan with lenders Goldman Sachs, Bank of America , and Bank of Montreal valued at $450 million for two properties including the retail and theater condominium units at 1535 Broadway in Times Square, Manhattan. The deal closed on April 14, 2025 and was recorded on April 18, 2025. The two properties…
Gatsby Enterprises through the entity J&N Hospitality LLC (and others) as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $24 million for three hotel properties including the hotel building (H9) at 163 Orchard Street in Lower East Side, Manhattan, hotel building (H3) at 135 East Houston Street in Lower East Side, Manhattan, and hotel building (H3) at 136 Ludlow Street in…
Ray Yadidi’s Sioni Group through the entity The Milano Residences Owner LLC as borrower signed a new construction loan with lenders Kennedy Wilson, Crum & Forster, and OdysseyRe valued at $158.5 million for new construction, 743-foot-tall high rise with 300 residential units at 100 West 37th Street in the Garment District, Manhattan. On these lots, there is one active new building construction project, M00643592, for…
Hawkins Way Capital through the entity 569 Lexington Leasehold LLC as borrower signed a refi loan with lender Standard Chartered Bank valued at $197.4 million for university dormitory space and retail at 569 Lexington Avenue in Midtown East, Manhattan. The deal closed on March 18, 2025 and was recorded on April 18, 2025. The prior lender was Apollo Global Management which held debt that had…
Avi Dishi’s Elysee Investment Corp through the entity Ritz Partners LLC paid $8.8 million to Alexander Hajibay’s Heritage Realty through the entity Benton Heights LLC for the 54-unit residential walkup building (C1) at 476 West 165th Street in Washington Heights, Manhattan, 23-unit residential walkup building (C7) at 2153 Amsterdam Avenue in Washington Heights, Manhattan, and 24-unit residential walkup building (C1) at 503 West 164th Street…
Ramirez Asset Management through the entity Ram Hq II, LLC paid $14.8 million to Macklowe Properties through the entity 12 East 52nd Street Devco LLC for the office building (O6) at 12 East 52nd Street in Midtown East, Manhattan. The expected use is owner-occupied. Ramirez Asset Management paid $19.5 million for the adjacent building, 14 East 52nd Street, in October 2023. The deal closed on…
Acadia Realty Trust through the entity 95 N. 6th Street Owner LLC paid $21 million to City Urban Realty through the entity 95 North 6th Associates LLC for the retail building (K2) at 95 North 6th Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on April 9, 2025 and was recorded on April 18, 2025. The seller bought the property…
MDG Design + Construction, Wavecrest Management, and Infinite Horizons through the entity EGC LLC signed a 99-year ground lease as tenant valued at $162.2 million with landlord New York City Housing Authority for the 877-unit residential elevator complex Eastchester Gardens (D6) at 1130 Burke Avenue in Allerton, Bronx. The expected use is cash flowing. At the same time the new ground tenants borrowed a total…
BIG Management through the entity 1147 Bedford Owner LLC as borrower signed a refi loan with lender Derby Copeland Capital through the entity Fcr Dc Jv Holdings LLC valued at $3.4 million for the eight-unit residential walkup building (C7) at 1147 Bedford Avenue in Bedford Stuyvesant, Brooklyn. The deal closed on April 4, 2025 and was recorded on April 16, 2025. The prior lender was…
Investmates Real Estate & Development through the entity 153 Berry Premium LLC as borrower signed a refi loan with lender Eliyahu Barbi valued at $5 million for the retail building (K2) at 153 Berry Street in Williamsburg, Brooklyn. The deal closed on April 2, 2025 and was recorded on April 16, 2025. The prior lender was Ellington Management Group which held debt that had an…
Poise Property Group through the entity 151 Freeman Street LLC as borrower signed a new construction loan with lender MidFirst Bank valued at $6 million for a project at 151 Freeman Street in Greenpoint, Brooklyn. On the lot, there is one active new building construction project, 321599267, for a seven-unit, 9,99 square-foot residential (R-2) building. The project was submitted by Asaf Ben-Nun with plans filed…
