Transfers

SL Green Realty and Jeff Sutton’s Wharton Properties through the entity 21 West 34 Lender LLC bought a note with an original principal of $101 million from Blackstone Group secured by Wharton Properties’s retail building (K2) at 21 West 34th Street in Garment District, Manhattan. Signature Bank provided the original $101 million loan in December 2016. Blackstone Group bought a portion of Signature Bank’s portfolio…

Maguire Capital Group through the entity 958 Madison LLC bought a note with an original principal of $13.2 million from Webster Bank secured by Yosef Soleymani and Joseph Soufer’s four-unit mixed-use retail building (K4) at 958 Madison Avenue in Lenox Hill, Manhattan, just north of East 75th Street. The deal closed on June 27, 2024 and was recorded on July 12, 2024. The prior lender…

Ashkenazy Acquisition through the entity Queens Flagship LLC as borrower signed a refi loan with lender Bank Hapoalim valued at $57 million for the Queens Center Mall retail building (K3) at 92-59 59th Avenue in Elmhurst, Queens. The building is occupied by JCPenny. The deal closed on July 9, 2024 and was recorded on July 12, 2024. The prior lender was Benefit Street Partners which…

Hui Mei Lin through the entity L & M 88 Realty LLC paid $4.3 million to Peter N. Katz of K9 Pet Caterers through the entity K-9 II Real Estate LLC for the retail building (K1) at 88-81 76th Avenue in Glendale, Queens. The deal closed on June 21, 2024 and was recorded on July 12, 2024. The property has 8,614 square feet of built…

Dimitry Goncharov through the entity 12 East 53 Realty LLC paid $11 million to Laboratory Institure of Merchandising through the entity The Laboratory Institute Of Merchandising, Inc. for the office building (O5) at 12 East 53rd Street in Midtown East, Manhattan. The deal closed on June 28, 2024 and was recorded on July 12, 2024. The property has 18,934 square feet of built space according…

Benchmark Real Estate Group through the entity 45 White Lp as borrower signed a refi loan with lender Starwood Property Trust through the entity Scredit Real Estate Capital, LLC valued at $20 million for the 17-unit residential elevator building (D5) at 43 White Street in Tribeca, Manhattan. The deal closed on June 27, 2024 and was recorded on July 11, 2024. The prior lender was…

Joginder Sharma through the entity Eros Management & Realty, LLC as borrower signed a refi loan with lender Allegiant Real Estate Capital through the entity Allegiant Capital Funding, LLC valued at $42.7 million for the hotel building (H2) at 345 West 35th Street in Garment District, Manhattan. The property was involved in one lawsuit over the past two years. The suit was a $41.4 million…

Lam Group and Exact Capital Group through the entity 233 West 125th Street Danforth, LLC as borrower signed a refi loan with lender Aareal Capital valued at $148 million for five commercial condominium units that comprise the mixed-use property Victoria Tower at 233 West 125th Street in Harlem, Manhattan. The deal closed on July 5, 2024 and was recorded on July 11, 2024. The prior…

Extell Development through the entity 46/47 Owner LLC as borrower signed a refi loan with lender IGIS Asset Management through the entity IGIS USA LLP valued at $340 million for 13 development parcels including the development building (V1) at 2 West 47th Street in Midtown West, Manhattan, development building (V1) at 10 West 47th Street in Midtown West, Manhattan, and development building (V1) at 562…

Takenaka Corporation through the entity Amtad LLC paid $8 million to Nippon Club through the entity The Nippon Club, Inc. for the commercial condominium unit at 145 West 57th Street in Midtown West, Manhattan. The building is divided into 18 commercial condo unit, with this unit being the largest with 17,106 square feet, mostly on floors two through seven of the 21-story building. The deal…