UPDATED 12:09 p.m., March 27, 2026: Acram Group and Bulldog Real Estate Partners through the entity 88u Owner LLC paid $46 million through a real estate owned to CIM Group through the entity 88 Tower LLC for the office building (O6) at 88 University Place in Greenwich Village, Manhattan. The expected use is cash flowing. The deal closed on March 24, 2026 and was recorded…
Emerald Group and Infinite Care through the entity 1010 Underhill Snf Realty LLC paid $26.2 million to Daryl Hagler through the entity Underbruckner Realty Co., LLC for the specialty building (I6) at 1010 Underhill Avenue in Soundview, Bronx. The expected use is cash flowing. The deal closed on March 13, 2026 and was recorded on March 26, 2026. The property has 64,600 square feet of…
Seagis Property Group through the entity Spg 18-45 Steinway St LLC paid $10.9 million to the entity Steinway-Empire Realty Associates L.P. for the industrial building (E1) at 18-45 Steinway Street in Ditmars Steinway, Queens. The expected use is cash flowing. The deal closed on March 18, 2026 and was recorded on March 26, 2026. The property has 26,000 square feet of built space for a…
Emerald Group and Infinite Care through the entity 1540 Tomlinson Snf Realty LLC paid $9.5 million to Daryl Hagler through the entity E.S.D. Property Services, L.L.C. for the specialty building (I6) at 1540 Tomlinson Avenue in Morris Park, Bronx. The expected use is cash flowing. The deal closed on March 13, 2026 and was recorded on March 26, 2026. The property has 14,000 square feet…
Emerald Group and Infinite Care through the entity 13-11 Virginia Snf Realty LLC paid $17.1 million to Daryl Hagler through the entity Rockaway Real Estate Holdings Associates LLC for the specialty building (I6) at 13-11 Virginia Street in Far Rockaway, Queens. The expected use is cash flowing. This is part of a $1.7 billion transaction, reported earlier by The Promote. The deal closed on March…
Two Trees Management through the entity Domino A Partners LLC as borrower signed a new construction loan with lender M&T Bank valued at $460 million for the development at 280 Kent Avenue in Williamsburg, Brooklyn. The deal closed on March 5, 2026 and was recorded on March 26, 2026. The prior lender was M&T Bank which held debt that had an original loan amount of…
Extell Development through the entity 46/47 Owner LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $417 million for 15 properties making up the development site (V1) at 576 Fifth Avenue in Midtown West, Manhattan. For the tax lot buildings, one out of the 15 buildings received a initial certificate of occupancy in the last ten years. On these lots, there…
Vipal Patel through the entity Jericho 249 Realty, LLC paid $9.2 million to Manmeet Singh through the entity Paras LLC for the hotel building (H4) at 249-05 Jericho Turnpike in Bellerose Manor, Queens. The expected use is cash flowing. The deal closed on March 16, 2026 and was recorded on March 26, 2026. The property has 14,979 square feet of built space according to a…
REDA Group through the entity Crown Rego LLC paid $9.4 million to Minskoff Grant Realty & Management through the entity Fields 97 LLC for the mixed-use building (K1) at 97-04 63rd Road in Rego Park, Queens. The deal closed on March 20, 2026 and was recorded on March 26, 2026. The property has 14,100 square feet of built space and 24,757 square feet of additional…
ZHL Group through the entity 316-318 East 77 LLC paid $4.7 million to Townhouse Property Group through the entity 316 East 77th LLC for the eight-unit residential walkup building (C1) at 316 East 77th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on March 20, 2026 and was recorded on March 25, 2026. The property has 7,095 square feet…
UPDATED, 9:35 a.m., April 10, 2026: The entity One Pixie Group LLC paid $10.2 million to the entity Orsipel V LLC for the four-unit mixed-use building (S9) at 17 South William Street in Financial District, Manhattan and three-unit mixed-use building (S3) at 15 South William Street in Financial District, Manhattan. The expected use is cash flowing. The deal closed on March 25, 2026 and was…
David Bistricer’s Clipper Realty is facing a major reckoning in Downtown Brooklyn. LNR Partners, acting as special servicer for a CMBS pool, has officially moved to foreclose on the 12-story mixed-use building at 250 Livingston Street, owned through the entity 250 Livingston Owner LLC, citing an unpaid $125 million principal balance and various defaults. Clipper Realty is a real estate investment trust, and is affiliated…
RockFarmer Properties through the entity RFC Enterprise 35th Avenue SPE LLC paid $13 million to Olshan Properties through the entity 144 35th Avenue LLC for the 58-unit residential elevator building (D1) at 144-30 35th Avenue in Flushing, Queens and 58-unit residential elevator building (D1) at 144-32 35th Avenue in Flushing, Queens. The expected use is cash flowing. The deal closed on March 13, 2026 and…
Jonathan Rose Companies and Settlement Housing Fund through the entity RAHF VI Caroline Preservation, LLC. paid $50.6 million to Related Companies through the entity Caroline Apartments Preservation, L.P. for the 126-unit residential elevator building (D7) at 210 Sherman Avenue in Inwood, Manhattan. The expected use is cash flowing. The deal closed on March 19, 2026 and was recorded on March 25, 2026. The property has…
Kaufman Investments and Two Sigma Investments through the entity 40 West 25th Street Owner LLC paid $51 million to Kaufman Organization and AXA Financial through the entity 40 W 25 LLC for the office building (O6) at 40 West 25th Street in Flatiron District, Manhattan. The expected use is cash flowing. Kaufman Investments is an affiliate of Kaufman Organization. The Commercial Observer reported on March…
Slate Property Group and Avenue Realty Capital through the entity 45 White Street Owner LLC paid $32 million to Benchmark Real Estate Group through the entity 45 White Lp for the 16-unit rental building (D5) at 45 White Street in Tribeca, Manhattan. The deal closed on March 11, 2026 and was recorded on March 24, 2026. The property has 33,500 square feet of built space…
Eitan Binet through the entity Dean Street Ventures LLC paid $10.5 million to Ronen Shiponi through the entity 2023 Rachel Surizon LLC Trust for three vacant parking lots (G7) at 901, 903 and 905 Dean Street in Crown Heights, Brooklyn. The expected use is ground up development. The deal closed on March 12, 2026 and was recorded on March 24, 2026. The three properties have…
Vornado Realty Trust through the entity 265 West 34th Street Owner LLC paid $12 million to McDonald’s Corporation through the entity McDonald’s Real Estate Company for the retail building (K1) at 490 Eighth Avenue in the Garment District, Manhattan. The expected use is ground up development. The deal closed on March 19, 2026 and was recorded on March 24, 2026. The property has 9,400 square…
The entity 75 Charles LLC paid $10 million to the entity Seventy-Five Charles LLC for the eight-unit residential walkup building (C5) at 75 Charles Street in West Village, Manhattan. The expected use is owner-occupied. The deal closed on March 13, 2026 and was recorded on March 24, 2026. The property has 4,024 square feet of built space and 589 square feet of additional air rights…
Waleed Simreen through the entity 1230 Bronx One Stop LLC paid $5.5 million to BNS Real Estate through the entity 1230 Jerome Avenue, LLC for the retail building (K1) at 1230 Jerome Avenue in Concourse, Bronx. The deal closed on March 17, 2026 and was recorded on March 24, 2026. The property has 10,045 square feet of built space and 65,493 square feet of additional…
