New York University through the entity New York University paid $210 million to Verbena Road Holdings through the entity Verbena E 33rd LLC for the 209-unit residential elevator building (D8) at 377 East 33rd Street in Kips Bay, Manhattan. The deal closed on August 30, 2023 and was recorded on September 1, 2023. The building has 213,549 square feet of built space according to a…
Syed Hayat and Risfa Islam through the entity 2128 Westchester Property LLC paid $3.1 million to Andrew Impagliazzo and Andrew Klugerman through the entity 2128 Westchester Ave LLC for the two-unit office building (O5) at 2128 Westchester Avenue in Unionport, Bronx. The deal closed on September 14, 2023 and was recorded on October 2, 2023. The property has 9,600 square feet of built space according…
Ronen Ben-Joseph of Ben-Josef Group Holdings through the entities 232 West End Development LLC and BMN West End LLC, paid $2.3 million to Hineni Heritage Center through the entity Hineni Heritage Foundation Trust for the historic religious building (M1) at 232 West End Avenue in Lincoln Square, Manhattan. The deal closed on August 24, 2023 and was recorded on August 31, 2023. The property has…
Keter Holdings paid $7.7 million to three separate sellers for three small rental buildings in Park Slope. In the first, Keter Holdings through the entity Keter 397 9th Street LLC paid $3 million to the Kupferman family through the entity 397 9th St LLC for the two-unit building (B3) at 397 9th Street in Park Slope, Brooklyn. The deal closed on August 24, 2023 and…
Carthage Advisors through the entity Concord Developments Housing Development paid $4.9 million to Nissan Cohen through the entity First Concord Realty LLC for the mixed-use building (S1) at 439 Concord Avenue and vacant site (V0) at 431 Concord Avenue in Mott Haven, Bronx. The deal closed on August 21, 2023 and was recorded on August 31, 2023. The two properties have 2,888 square feet of…
Jia Lin Pan through the entity KGL Real Estate LLC paid $6.5 million to Falcon Properties through the entity 150 W 36th St LLC for the office building (O5) at 150 West 36th Street in Garment District, Manhattan. The deal closed on August 8, 2023 and was recorded on August 31, 2023. The property has 10,395 square feet of built space and 14,289 square feet…
Lian Wu Shao through the entity 346 Maujer LLC paid $9.2 million to Jay Weitzman through the entity Sminn Realty LLC for the industrial building (E1) at 346 Maujer Street in East Williamsburg, Brooklyn. The deal closed on August 9, 2023 and was recorded on August 31, 2023. The property has 24,890 square feet of built space and 14,939 square feet of additional air rights…
Naftali Group through the entity 201 East 23rd Street Tenant LLC as tenant signed a ground lease valued at $12.5 million with BNS Real Estate through the entity Snake River Development LLC as landlord for the corner development site at 301 Third Avenue in Kips Bay, Manhattan. The deal closed on August 22, 2023 and was recorded on August 31, 2023. The property has 14,456…
Investor Wing Fung Chau, who also is known as Andy Chau, alleges a California real estate executive along with several affiliated EB-5 companies, failed to turn over millions of dollars raised for a mixed-use project planned for a large development site at 6200 8th Avenue in Sunset Park, Brooklyn. Case 718139/2023 Control of the property started to shift in 2021, when a group including Watermark…
Sheryl Hempel through the entity 330 Grand LLC as borrower signed a refi loan with lender Crestline Investors through the entity Crestline Direct Finance LP valued at $16 million for the development at 330 Grand Street in Lower East Side, Manhattan. This is the first loan PincusCo has tracked in the past three years for Crestline Investors in New York City. On the lot, there…
Fang Wang and Yin S. Chew through the entity GC Lumber Supply, Inc. paid $2.5 million to Shoshana Schecter through the entity Candi Properties, LLC for the retail building (K1) at 2467-2469 Coney Island Avenue in Sheepshead Bay, Brooklyn. The deal closed on August 22, 2023 and was recorded on August 30, 2023. The property has 2,640 square feet of built space and 1,977 square…
ABJ Properties paid $5.1 million to Atkins & Breskin for two mixed-use rental buildings in Bushwick, Brooklyn in two separate transactions. In the first, ABJ Properties through the entity Wilson Ave Holdings, LLC paid $2.75 million to Atkins & Breskin through the entity 243 Wilson LLC for the four-unit mixed-use building (S4) at 105 Wilson Avenue in Bushwick, Brooklyn. The deal closed on August 3,…
UPDATED: Montperia Group through the entity 2402 Qps LLC paid $49 million to the Carlyle Group and Botanic Properties through the entity 24-02 Qps Owner, L.L.C. for the school building (W4) at 24-02 Queens Plaza South in Long Island City, Queens. Crain’s New York reported the buyer is Montperia Group, which is the new name for the company formerly known as Ampiera Group. The deal…
Two rent-regulated tenants in two aging walkup buildings in Lenox Hill — along with the state’s Division of Housing and Community Renewal — are holding up demolition of the two buildings, which property owner Gatsby Enterprises is seeking to tear down to clear the way for a 134-unit residential tower at 142 East 71st Street. The family-owned Gatsby Enterprises, which includes Nader Ohebshalom as an…
Hal Goldberg through the entity Cee Gee Inwood LLC as borrower signed a refi loan with lender Hirshmark Capital through the entity 401 W219 Funding LLC valued at $14.75 million for three adjacent properties including the office building (O5) at 4116 9th Avenue, the school building (W1) at 417 West 219th Street, and the school building (W1) at 409 West 219th Street, all in Inwood,…
Janusz Sendowski through the entity 39 CA, LLC as borrower signed a refi loan with lender Deutsche Bank through the entity Deutsche Bank Trust Company Americas valued at $28.7 million for two properties including the 20-unit residential walkup building (C4) at 39 Carmine Street in Greenwich Village, Manhattan and the charter school building (W9) at 423 East 138th Street in Mott Haven, Bronx. The deal…
Stellar Management through the entity 50 W 97 Owner LLC as borrower signed a refi loan with lender Helaba through the entity Landesbank Hessen-Thuringen Girozentrale valued at $68 million for the 247-unit residential elevator building (D3) at 50 West 97th Street in Upper West Side, Manhattan. The deal closed on August 14, 2023 and was recorded on August 29, 2023. The prior lender was Helaba…
Ahmed Alsoora and Abdo Alsoora through the entity 259-261 Smith LLC paid $3 million to Robert Fasano through the entity 3rf LLC for two, two-unit mixed-use building (S2) at 259-261 Smith Street in Carroll Gardens, Brooklyn. The deal closed on August 3, 2023 and was recorded on August 24 and 29, 2023. The properties have about 4,600 square feet of built space combined. The sale…
Shlomo Chkifati through the entity 85 Coffey Street LLC paid $2.2 million to Salvatore Sodano and Frank Civitano through the entity G & G Coffey Realty LLC for the industrial building (F5) at 85 Coffey Street in Red Hook, Brooklyn. The deal closed on August 24, 2023 and was recorded on August 29, 2023. The property has 4,400 square feet of built space according to…
The developer Zehao Fang, who is also known by the name Jack Fang, through the entity CMX Alliance LLC paid $3.2 million to Carlo Bordone through the entity Cgb 27 LLC for the development parcel (V1) at 40-21 27th Street in Long Island City, Queens. On the lot, there is one active new building construction project for a nine-unit, 14,876 square-foot R-2 building. The project…
