Transfers

NYC Top Construction through the entity 731 Flushing Ave Realty LLC as borrower signed an acquisition loan with lender Broadview Funding valued at $16 million for the office building (O2) at 731 Flushing Avenue in Williamsburg, Brooklyn. The deal closed on November 30, 2021 and was recorded on December 22, 2021. The property has 73,210 square feet of built space according to PincusCo analysis of…

Elisabeth Cohen and Robert Grossman paid $14.5 million to Vornado Realty Trust through the entity Vno 225 West 58th Street LLC for condo (SC) unit 25C at 220 Central Park South in Midtown, Manhattan. The deal closed on December 10, 2021 and was recorded on December 22, 2021. The property has 2,455 square feet of built space according to PincusCo analysis of city data. The…

Rybak Development through the entity 660 Lexington Avenue Development LLC paid $24.4 million to Joan Capaccio and Mary Anderson Dillon and through the entity 656-660 Lexington Avenue, LLC for mixed-use building (K2) as a development site at 656 Lexington Avenue in Midtown, Manhattan. The deal closed on December 6, 2021 and was recorded on December 22, 2021. The property has 8,824 square feet of built…

Meadow Partners in a joint venture with the California Public Employees Retirement System paid $170 million to the real estate investment trust Columbia Property Trust for the 166,000-square foot office building at 218 West 18th Street in Chelsea, Manhattan. The sale closed on December 3, 2021, and was recorded on December 21, 2021. The signatory for Meadow was the company’s founder and managing partner Jeffrey…

An anonymous buyer through the entity 2250 59 Owner LLC paid $30 million to Royal Builders through the entity Royal 59 LLC for office building (O6) at 2250 59th Street in Borough Park, Brooklyn. The deal closed on December 3, 2021 and was recorded on December 21, 2021. The property has 52,446 square feet of built space according to PincusCo analysis of city data. The…

David Weiss through the entity Woodwise LLC paid $20.2 million to Jack Shaoul through the entity Smedley Plaza, LLC for 45-unit rental (D7) at 84-42 Smedley Street in Briarwood, Queens. The deal closed on December 7, 2021 and was recorded on December 21, 2021. The property has 39,898 square feet of built space according to PincusCo analysis of city data. The sale price per built…

An anonymous buyer through the entity Ninenorth61 LLC paid $9.2 million to Isaac Bistritzky through the entity 61 North 9th LLC for retail building (K1) at 61 North 9th Street in Williamsburg, Brooklyn. The deal closed on December 3, 2021 and was recorded on December 21, 2021. The property has 10,000 square feet of built space and 5,025 square feet of additional air rights for…

Global Holdings Management through the entity 424 Bedford Associates LLC as borrower signed a refi loan with lender Wells Fargo valued at $23 million for the 66-unit rental (D1) at 110 South 8th Street in Williamsburg, Brooklyn. The deal closed on November 30, 2021 and was recorded on December 21, 2021. The property has 63,866 square feet of built space according to PincusCo analysis of…

Katz Realty Group through the entity Cadillac Realty, LLC as borrower signed a refi loan with lender Capital One valued at $6.5 million for the 94-unit rental (D1) at 1820 East 13th Street in Sheepshead Bay, Brooklyn. The deal closed on November 30, 2021 and was recorded on December 21, 2021. The property has 106,000 square feet of built space according to PincusCo analysis of…

The entity Peloponnese LLC paid $17.4 million to Extell Development through the entity Smitell LLC for condo (SC) unit 57E at Central Park Tower at 217 West 57th Street in Midtown, Manhattan. The deal closed on November 18, 2021 and was recorded on December 21, 2021. The signatory for Extell Development was Ahuva Genak. The signatory for Peloponnese LLC was Bruce Cohen. This is for…

Atlas Capital Group recorded its previously reported $506 million purchase of the two rental buildings in Bushwick, Brooklyn, that comprise the Denizen from All Year Management. The sale occurred in two transactions. In addition, Atlas obtained a $367.5 million in debt originated by Square Mile Capital Management, but only $305.9 million of that was recorded. In the first sale transaction, Atlas Capital Group through the…

CenterPoint Properties through the entity Centerpoint Norman LLC paid $38 million to Barry Swidler through the entity 301 Norman Avenue, L.L.C. for industrial (E1) at 301 Norman Avenue in Greenpoint, Brooklyn. The deal closed on December 3, 2021 and was recorded on December 20, 2021. The property has 58,152 square feet of built space and 99,212 square feet of additional air rights for a total…

The Blackstone Group through the entity B9 Alabama Ave Owner LLC paid $35.5 million to Moshe Tropper and Hillel Tropper through the entity Lads Avenue Associates 2 LLC for industrial (F2) at 906 Wortman Avenue in East New York, Brooklyn. The deal closed on December 7, 2021 and was recorded on December 20, 2021. The property has 112,800 square feet of built space according to…

AB & Sons through the entity 1100-1114 KH Owner LLC acquired from AB Capstone through the entity Ami Capital Holdings LLC the retail building (K1) at 1100 Kings Highway in Sheepshead Bay, Brooklyn and the retail building (K1) at 2067 Coney Island Avenue in Sheepshead Bay, Brooklyn. The transaction was valued at $18 million, the prior debt amount that Isaac Chetrit’s AB & Sons purchased…

Daguang Gao through the entity Top Bright Realty LLC paid $4.7 million to Frank Festa through the entity 60-85 Flushing Ave. Realty Corp for industrial (E1) at 60-85 Flushing Avenue in Maspeth, Queens. The deal closed on November 30, 2021 and was recorded on December 20, 2021. The property has 13,181 square feet of built space and 8,771 square feet of additional air rights for…