Slate Property Group through the entity 600 Columbus Avenue Owner LLC paid $120 million to Jerry Kretchmer and Jeff Bliss through the entity Columbus Townhouse Associates for the 166-unit residential elevator building (D6) at 600 Columbus Avenue in Upper West Side, Manhattan. Jerry Kretchmer is part of the original team that developed the building in the 1980s. The deal closed on May 26, 2023 and…
Jacob Chetrit of the Chetrit Organization paid $35.4 million in late payments, fees, taxes and other costs to its former lender, HPS Investment Partners, as part of the process of handing over the 617,000-square-foot office building at 850 Third Avenue in Midtown Manhattan in February 2023 to its former lender. Chetrit disclosed the payment in a lawsuit he filed yesterday in New York State Supreme…
Jay Lay submitted a new building construction project for a 12-unit, 14,856 square-foot residential (R-2) building at 38-16 Crescent Street in Long Island City, Queens. The plan was filed with the New York City Department of Buildings on June 2, 2023 under job number Q00843770. It calls for the construction of a six-story building. The project is described in the filing as: propose new six-story…
Joshua Skolnick through the entity 336 Degraw LLC as borrower signed a rehab construction loan with lender First Republic Bank valued at $6.5 million for the 4-family building (C3) at 336 Degraw Street in Carroll Gardens, Brooklyn. The deal closed on May 19, 2023 and was recorded on June 5, 2023. The property has 3,000 square feet of built space and 1,999 square feet of…
Anastasios Vasilakos and Christopher Vasilakos through the entity Alexander Harding, LLC as borrower signed a refi loan with lender Flushing Bank valued at $7 million for the 66-unit residential elevator building (D1) at 8714 21st Avenue in Bath Beach, Brooklyn. The deal closed on May 4, 2023 and was recorded on June 5, 2023. The prior lender was Santander Bank which held debt that had…
Marshall Kesten through the entity Not My LLC paid $1.5 million to Ines Gassmann through the entity 3649 Realty Corp for the industrial building (E9) at 79-17 Cypress Avenue in Glendale, Queens. The deal closed on May 23, 2023 and was recorded on June 5, 2023. The property has 5,125 square feet of built space according to a PincusCo analysis of city data. The sale…
Moses Guttman and Martin Joseph through the entity 983 Bedford Ave LLC paid $2.6 million to Julian Durham for the three-family building (C0) at 983 Bedford Avenue in Bedford Stuyvesant, Brooklyn. The deal closed on May 30, 2023 and was recorded on June 5, 2023. The property has 3,510 square feet of built space and 3,687 square feet of additional air rights for a total…
Eli Scharf through the entity Habitat On 10th LLC paid $2.8 million to Yehuda Steinberg through the entity YS 591 Realty LLC for the three-unit building (C0) at 591 10th Street in Park Slope, Brooklyn. The deal closed on May 31, 2023 and was recorded on June 5, 2023. The property has 3,300 square feet of built space and 700 square feet of additional air…
Kevin Tin through the entity Ct Square LLC paid $2.9 million to F&T Group and Shanghai Construction Group through the entity Tangram Tower Sponsor LLC for the office condo at 37-12 Prince Street in Flushing, Queens. The deal closed on May 30, 2023 and was recorded on June 5, 2023. The property has 2,404 square feet of built space according to a PincusCo analysis of…
Emma Neath through the entity Neath, Christopher paid $3.1 million to John LaFrancesca and Victoria LaFrancesca for the four-unit building (C3) at 59 Cheever Place in Cobble Hill, Brooklyn. The deal closed on May 25, 2023 and was recorded on June 5, 2023. The property has 2,520 square feet of built space and 1,787 square feet of additional air rights for a total buildable of…
Carlyle Group through the entity Townhouse Rental, L.L.C. paid $6.2 million to Greenbrook Partners through the entity 370 5 Ave, LLC for the four-unit mixed-use building (S4) at 370 5th Avenue in Park Slope, Brooklyn. The deal closed on May 25, 2023 and was recorded on June 5, 2023. The property has 5,169 square feet of built space and 2,254 square feet of additional air…
Greenbrook Partners has sold at least 19 properties to entities tied to the Carlyle Group for a total of $112 million since December 2020. The sales have an average increase of 75 percent from the Greenbrook Partners’ purchase price. Greenbrook Partners began investing heavily in Brooklyn small multifamily buildings in 2019, amassing a portfolio of more than 100 buildings, according to a PincusCo analysis. The…
RFR Holding through the entity 219 West 81st Residential Holdings LLC and others as borrower signed a refi loan with lender M&T Bank valued at $92.1 million for 145 unsold residential condominium units at buildings including 25 Fifth Avenue, 28 East 10th Street, 219 West 81st Street, 530 Park Avenue and others in Manhattan. The deal closed on May 3, 2023 and was recorded on…
Alexis Baez through the entity 311 Tribeca Property LLC as borrower signed a refi loan with lender Stabilis Capital Management through the entity Stabilis Lending LLC valued at $10.3 million for two properties with 25 residential units including the 21-unit residential walkup building (C7) at 2359 Grand Concourse in Fordham Heights, Bronx and four-unit mixed-use building (S4) at 311 Church Street in Tribeca, Manhattan. The…
George Makkos through the entity 67-65 Greene Street, LLC as borrower signed a refi loan with lender T30 Capital through the entity Forthill Makkos Holders, LLC valued at $21.5 million for two mixed-use properties with seven residential units including the four-unit mixed-use building (S4) at 67 Greene Street in SoHo, Manhattan and three-unit mixed-use building (S9) at 65 Greene Street in SoHo, Manhattan. This is…
Igor Nestor through the entity Bath Beach Residence LLC paid $2.6 million to Carlo Ruggiero and Rosalie Gonzalez for the four-unit building (C3) at 1722 84th Street in Bensonhurst, Brooklyn. The deal closed on May 16, 2023 and was recorded on June 2, 2023. The property has 3,600 square feet of built space and 6,559 square feet of additional air rights for a total buildable…
Nadav Ohana through the entity 1110 Manhattan Group LLC paid $2.9 million to Jose A. Roque, Carmen Roque and others for the two-unit mixed-use building (S2) at 1110 Manhattan Avenue in Greenpoint, Brooklyn. The deal closed on May 18, 2023 and was recorded on June 2, 2023. The property has 3,750 square feet of built space and 6,247 square feet of additional air rights for…
Miklos A. Vasarhelyi through the entity 73-75 Mott LLC paid $3.6 million to Eugene Leung through the entity Lun Woo Co., Inc. for the 16-unit residential walkup building (C7) at 73 Mott Street in Chinatown, Manhattan. The deal closed on May 30, 2023 and was recorded on June 2, 2023. The property has 11,112 square feet of built space according to a PincusCo analysis of…
Sharon Elkin through the entity 422 Ave LLC paid $4.7 million to Nellie Bongiovanni through the entity Bellasca Realty Corp. for the retail building (K1) at 422-430 Avenue P in Gravesend, Brooklyn. The deal closed on May 23, 2023 and was recorded on June 2, 2023. The property has 7,200 square feet of built space and 16,800 square feet of additional air rights for a…
John Antzoulis and Toula Antzoulis through the entity 35-25 29 Street JPA LLC paid $6.4 million to the Angelos Roussos estate, Demetrios Roussos, and Konstantinos Roussos through the entity 35-25 29 St. Realty LLC for the 32-unit residential walkup building (C1) at 35-25 29th Street in Astoria, Queens. The deal closed on May 2, 2023 and was recorded on June 2, 2023. The property has…
