Amir Kabir Foundation through the entity 650 Fifth Avenue Real Estate Holdings LLC acquired through a judicial sale the office building (O4) at 650 Fifth Avenue in Midtown West, Manhattan, in a transfer valued at $435 million. The expected use is cash flowing. The deal closed on March 18, 2026 and was recorded on April 6, 2026. The property has 336,010 square feet of built…
UPDATED, 4:40 p.m., April 6, 2026: Empire State Realty Trust through the entity ESRT 41-55 North 6th Street, L.L.C. paid $46 million to Joyland Management through the entity Kesef Tziri LLC for the retail condominium unit at 127 Kent Avenue in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on March 27, 2026 and was recorded on April 3, 2026. The property…
Constantine Dionysiou through the entity Agios Dimitrios LLC paid $5.5 million to Montperia Group through the entity Bayside 88 Corp. for the retail building (K1) at 32-61 Francis Lewis Blvd in Bayside, Queens. The deal closed on March 24, 2026 and was recorded on April 3, 2026. The property has 4,632 square feet of built space and 3,504 square feet of additional air rights for…
Emerald Group and Infinite Care through the entity 1401 Mlk SNF Realty LLC paid $16 million to Daryl Hagler and Centers Health Care through the entity Hope Center Realty Operations Associates LLC for the specialty Hope Center building (N9) at 1401 Dr Martin Luther King Jr. Boulevard in Highbridge, Bronx and two nearby properties, 1400 Dr Martin Luther King Jr Boulevard and 1407 Dr Martin…
An affiliate of Catskill, NY-resident Peter Moore through the entity 99-91 Canal Project LLC paid $21.1 million to Ki Tai Yeung, Jerry Guo, and Xiao Jun Chen for the office building (O9) at 99 Canal Street in Chinatown, Manhattan, retail building (O9) at 95 Canal Street in Chinatown, Manhattan, and office building (O9) at 91 Canal Street in Chinatown, Manhattan. The expected use is cash…
The New York City Planning Commission meeting on Wednesday, April 1, 2026, underscored the divide separating housing production advocates and community preservationists over the Affordable Housing Fast Track methodology rule. The rule, designed to expedite housing development in the 12 community districts that have built the least affordable housing over the last five years, became a flashpoint for debate over whether raw unit count should…
Joel Schwartz through the entity 362 Shepherd Development LLC as borrower signed a refi loan with lender Provident Bank valued at $24 million for the 53-unit residential elevator building (D6) at 360 Shepherd Avenue in East New York, Brooklyn. The deal closed on March 17, 2026 and was recorded on March 27, 2026. The prior lender was BridgeCity Capital which held debt that had an…
Victor Peng and Yi Hua Chen through the entity 133-16 35 Ave LLC as borrower signed a refi loan with lender Cathay Bank valued at $32 million for seven industrial properties including the industrial building (G2) at 133-16 35th Avenue in Flushing, Queens, industrial building (E9) at 134-01 Northern Boulevard in Flushing, Queens, and industrial building (E9) at 34-69 Collins Place in Flushing, Queens. The…
Interior designers Cortney and Robert Novogratz, through the entity Grand Dairy Building LLC paid $3.9 million to the Kohn family’s entity 341 Grand Street LLC for the long-vacant retail building (K4) at 341 Grand Street in the Lower East Side, Manhattan. The blog East of the Bowery identified the Novogratzes as the buyers, citing the couple’s social media postings, but did not have the sale…
Samuel Strulovitch through the entity 5918 13 Ave LLC paid $5 million to Maimonides Medical Center through the entity Maimonides Research And Development Foundation for the office building (O7) at 5918 13th Avenue in Borough Park, Brooklyn. The expected use is cash flowing. The deal closed on March 24, 2026 and was recorded on March 27, 2026. The property has 10,000 square feet of built…
Habitat Living NYC through the entity Habitat On Luquer LLC paid $5.2 million to Jennifer DeLuna through the entity 101 Luquer St. Realty Corp. for the industrial building (E1) at 101-103 Luquer Street in Carroll Gardens, Brooklyn. The expected use is new construction. Habitat Living NYC submitted a major alteration application on March 11, 2026, under job number B01368742 for the conversion of a single-story,…
Dinko Popovic through the entity VP Kingsbridge LLC paid $2.8 million to Roseann Manginelli and Vito Manginelli through the entity 2700 Kings Terrace LLC for the 44-unit residential elevator building (D1) at 2700 Kingsbridge Terrace in Kingsbridge Heights, Bronx. The expected use is cash flowing. The deal closed on March 30, 2026 and was recorded on April 2, 2026. The property has 37,000 square feet…
Hui Zhang through the entity Trx Shelby LLC paid $2.9 million to Ai Yun Chen, Andy Guan Quan Lin, and Angela Yeung through the entity 62-08 Holding Inc. for the mixed-use property (D6) at 6313 Ft Hamilton Parkway in Dyker Heights, Brooklyn with four residential units and one commercial unit. The expected use is cash flowing. The deal closed on March 19, 2026 and was…
Corum Asset Management through the entity Corum Investments LLC paid $6.2 million to CB Developers and SK Development through the entity 587-91 Third Retail LLC for the retail condo at 591 Third Avenue in Murray Hill, Manhattan. The expected use is cash flowing. The deal closed on March 20, 2026 and was recorded on April 2, 2026. The property has 5,867 square feet of built…
The entity Fatty Little One LLC by the signatory Roland Sudhof paid $6.7 million for the three-unit building (C0) at 48 West 11th Street in Greenwich Village, Manhattan. The deal closed on March 31, 2026 and was recorded on April 2, 2026. The property has 3,984 square feet of built space and 1,030 square feet of additional air rights for a total buildable of 5,008…
TZ Capital through the entity Tz 70 Greene Street Owner LLC as borrower signed a acquisition loan with lender JPMorgan Chase valued at $9.7 million for the retail condominium unit at 70 Greene Street in SoHo, Manhattan. The deal closed on March 26, 2026 and was recorded on April 1, 2026. The prior lender was TZ Capital which held debt that had an original loan…
Ghanshyam Patel through the entity Great Jones Corner LLC paid $3.5 million to BBZ Development through the entity 354 Bowery-Bazbaz LLC for the commercial condominium unit at 354 Bowery in NoHo, Manhattan. The deal closed on March 27, 2026 and was recorded on April 1, 2026. The property has 1,568 square feet of built space according to a PincusCo analysis of city data. The sale…
Yossef Azour through the entity 3 E 48th Development LLC paid $9.5 million through a real estate owned sale to bondholders of Comm 2014-UBS4 serviced by LNR Partners through the entity Comm 2014-UBS4 Fifth Avenue, LLC for the mixed-use building (K4) at 3 East 48th Street in Midtown East, Manhattan. The expected use is cash flowing. The deal closed on March 24, 2026 and was…
Charles T. Yu and Takayo Yu through the entity Ctt 74 Franklin LLC paid $11.3 million to Benchmark Real Estate Group through the entity 74 Franklin LP for the four-unit mixed-use building (S4) at 74 Franklin Street in Tribeca, Manhattan. The deal closed on March 26, 2026 and was recorded on April 1, 2026. The property has 9,796 square feet of built space and 5,975…
Fred Guindi through the entity 1018 Lexington Ave Nyc LLC paid $3.6 million to HUBB NYC through the entity 1018 Lexington Ave Co. LLC for the five-unit mixed-use building (K4) at 1018 Lexington Avenue in Lenox Hill, Manhattan. The deal closed on March 20, 2026 and was recorded on March 31, 2026. The property has 3,864 square feet of built space and 8,377 square feet…
