Metro Loft Management and partner Anthony Fromer through the entity 135 William Street Associates, LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $20 million for the 30-unit residential elevator building (D7) at 135 William Street in Financial District, Manhattan. The deal closed on April 8, 2026 and was recorded on April 17, 2026….
Mortar Group through the entity Humboldt Mg LLC as borrower signed a acquisition loan with lender S3 Capital through the entity S3 Sb Real Estate Credit A Trust valued at $4.7 million for the two-unit mixed-use building (S2) at 470 Humboldt Street in Williamsburg, Brooklyn. The deal closed on March 30, 2026 and was recorded on April 17, 2026. The property has 2,750 square feet…
RFR Holding through the entity RFL 160 Fifth LLC as borrower signed a refi loan with lender DWS Group through the entity Bvk-Rreef-Globaler Immobinien-Spezialfonds valued at $27 million for the retail condominium unit at 160 Fifth Avenue in Flatiron District, Manhattan. The deal closed on March 26, 2026 and was recorded on April 17, 2026. The prior lender was DWS Group which held debt that…
Copford Capital Management, an affiliate of Stonebridge Companies, through the entity SBCO-NYC Owner, LLC as borrower signed a refi loan with lender John Hancock Life Insurance Company through the entity John Hancock Life Insurance Company (U.S.A.) valued at $25.5 million for the fee under the Courtyard by Marriott New York Manhattan/Times Square West hotel building (H3) at 307-311 West 37th Street in the Garment District,…
United Construction & Development Group through the entity L Island City LLC as borrower signed a refi loan with lender iCross Capital through the entity Elite 22 LLC valued at $50 million for the 387-unit development site at 42-50 24th Street in Long Island City, Queens. The deal closed on April 2, 2026 and was recorded on April 17, 2026. The prior lender was iCross…
CBRE Investment Management through the entity Uslp Sunset Park, LLC as borrower signed a refi loan with lender Blackstone Group through the entity Re Bdc Loans Cl, LLC valued at $52.4 million for the industrial building (E1) at 5112 2nd Avenue in Sunset Park, Brooklyn. The deal closed on March 30, 2026 and was recorded on April 17, 2026. The prior lender was JPMorgan Chase…
Watermark Capital Group, by the signatory Wolfe Landau, along with partners Joel Wieder, and David Grunfeld, through the entity 225 Seigel LLC, signed a 99-year ground lease with the Roman Catholic Church of Our Lady of the Rosary of Pompei to transform a religious campus at 225 Seigel Street East Williamsburg, Brooklyn, into a residential complex. A 2026 appraisal for the property set the value…
Wan Yu Liang through the entity 275 Front Property Inc. paid $5.8 million to Peter Chang through the entity C.C. & F. Realty Corp. for the industrial building (F5) at 275 Front Street in Vinegar Hill, Brooklyn. The deal closed on April 10, 2026 and was recorded on April 17, 2026. The property has 11,389 square feet of built space and 9,729 square feet of…
Wenxin Zhao through the entity The One Tower LLC paid $6.5 million to Jiang Zhao through the entity Northern 13770 Properties LLC for the development site (V1) at 137-70 Northern Boulevard in Flushing, Queens. The expected use is ground up development. On the lot, there is one active new building construction project, 421390408, for a seven-unit, 37,861 square-foot residential (R-2) building. The project was submitted…
Westbridge Realty Group through the entity 3305 Bx Associates LLC paid $7.2 million to Servants of Mary Ministers to the Sick for the religious building (M4) at 3305 Country Club Road in Country Club, Bronx. The expected use is redevelopment. On the lot, there is one active new building construction project, X01345266, for a 82-unit, 47,550 square-foot residential (R-2) building. The project was submitted by…
Spear Street Capital through the entity 76 8th Avenue Owner LLC paid $50.5 million through a REO transaction to G4 Capital Partners through the entity 76 8th Ave LLC for the office building (O6) at 74 8th Avenue in West Village, Manhattan. The expected use is cash flowing. The deal closed on April 10, 2026 and was recorded on April 17, 2026. The property has…
The Rabsky Group signed a $765 million refinance for the 1,102-unit complex in Fort Greene, a deal which has been previously reported. In city records recorded Friday, JPMorgan Chase reported it had provided a $600 million loan, which is the senior debt, but the documents did not mention mezzanine debt or other financing. City loan documents rarely mention debt other than senior debt secured by…
Jason Wang through the entity Dbmj 94 8th Ave LLC paid $3.9 million to Global Asset Properties through the entity Global Asset Properties LLC for the two-unit mixed-use building (S2) at 94 8th Avenue in Chelsea, Manhattan. The expected use is cash flowing. The deal closed on March 26, 2026 and was recorded on April 17, 2026. The property has 2,226 square feet of built…
The entity 136 W 46 LLC, which PincusCo determined is an affiliate of Eden Ashourzadeh, paid $4 million to Zareh Sarkissian and Aram Sarkissian through the entity 136 West 46th LLC for the office and retail building (O5) at 136 West 46th Street in Times Square, Manhattan. The expected use is cash flowing. The deal closed on April 6, 2026 and was recorded on April…
Prosper Property Group through the entity 10 West 17th Street Owner LLC as borrower signed a construction loan with lender Northwind Group through the entity NW 10 West 17th Lender LLC valued at $50 million for the development parcel (V1) at 8 West 17th Street in Flatiron District, Manhattan. On the lot, there is one active new building construction project, M00951254, for a 23-unit, 41,220…
Quinlan Development Group through the entity 130 St. Felix Owner, LLC as borrower signed a acquisition loan with lender Mavik Capital Management through the entity Mavik Mortgage Portfolio II LLC valued at $23.5 million for the development site at 130 St Felix Street in Fort Greene, Brooklyn. Quinlan Development Group through the entity 130 St. Felix Owner, LLC paid $17 million to Gotham Organization through…
The Association of New York Catholic Homes through the entity St. Joseph Apartments LLC is deepening its development footprint in the Bronx, signing a contract to pay $17 million for 1943-1951 Bathgate Avenue, a vacant development site in Tremont, the Bronx, from a fellow Catholic entity. The church, through St. Joseph Catholic Church, filed plans in 2022 under job number 220212918, for a 251-unit, 190,303-square-foot…
The 2025 New York City investment acquisitions were largely made by buyers who did not make a play the prior year, and also by owner-occupiers, which is a continuing trend. Taking the top spot with a $3.56 billion acquisition was Rithm Capital. Their acquisition of a massive portfolio from Paramount Group—including high-profile assets like 1633 Broadway and 1301 Avenue of the Americas—was the single most…
Quinlan Development Group through the entity 130 St. Felix Owner, LLC paid $17 million to Gotham Organization through the entity 130 St. Felix Street LLC for the development site at 130 St Felix Street in Fort Greene, Brooklyn. The expected use is ground up development. The deal closed on April 7, 2026 and was recorded on April 16, 2026. The property has zero square feet…
Moses Mizrahi through the entity 300 E 42 U2 LLC paid $22 million to CSC Real Estate through the entity 300 East Holdings LLC for the multi-floor office condominium unit, called Unit 2, at 300 East 42nd Street in Murray Hill, Manhattan. The expected use is cash flowing. The unit has a total of 51,735 square feet over 11 floors, but the vast majority of…
