Transfers

CACHED

Highbridge affordable signs $159.7M rehab construction loan with Webster Bank for 28 properties

Highbridge Community Development Corporation through the entity Highbridge Rising Housing Development Fund Corp as borrower signed a rehab construction loan with lender Webster Bank valued at $159.7 million for 28 properties with 727 residential units including the 71-unit residential walkup building (C1) at 1360 Merriam Avenue in Highbridge, Bronx, 59-unit residential elevator building (D7) at 115 West 172nd Street in Mt Eden, Bronx, and 35-unit…

Extell signs $322.4M construction loan with TYKO Capital for supertall in Lenox Hill, part of $1.1B debt

Extell Development through the entity 655 Madison LLC as borrower signed a new construction loan with lender TYKO Capital through the entity 655 Madison New Debt Lender LLC valued at $322.4 million for a supertall mixed-use development at 655 Madison Avenue in Lenox Hill, Manhattan. The total construction debt is reported to be about $1.1 billion. The deal closed on December 15, 2025 and was…

Wilhelm Von Finck signs $235M refi with Rialto Capital for office in Midtown East

Wilhelm Von Finck Jr. and Paramount Group through the entity Wvf-Paramount 745 Property, L.P. as borrower signed a refi loan with lender Rialto Capital Management through the entity Fs Creit Originator LLC valued at $235 million for the office building (O4) at 745 5th Avenue in Midtown East, Manhattan. The deal closed on December 18, 2025 and was recorded on December 30, 2025. The prior…

CW Realty Group signs contract to buy DoBro dev site from Edison Properties

Cheskie Weisz’s CW Realty Group through the entity 55 Smith LLC signed a contract as buyer with Edison Properties through the entity 160 Livingston Properties, LP for the development site, currently a parking lot (G6) at 55 Smith Street in Downtown Brooklyn. The expected use is ground up development. The memorandum of contract was signed on December 10, 2025 and was recorded on December 30,…

Trifecta Equities pays $4.5M for 24-unit dev site in Gowanus

Trifecta Equities through the entity 590 Union LLC paid $4.5 million to Luigi Arloro through the entity Arloro, Isabella for the industrial building (G2) at 590 Union Street in Gowanus, Brooklyn. The expected use is ground up development. The deal closed on December 16, 2025 and was recorded on December 30, 2025. The property has 1,127 square feet of built space and 17,393 square feet…

ABS Partners acquires 76.5% stake valued at $9.6M in Tribeca mixed-use, refis $8.5M

ABS Partners Real Estate through the entity 407 Broad/Canal LLC acquired a 76.5 percent interest valued at $9.6 million in the mixed-use retail building (K7) at 407 Broadway in Tribeca, Manhattan. ABS Partners already had an ownership stake in the property, records indicate. At the same time, ABS Partners refinanced the debt to $8.5 million. The deal closed on December 19, 2025 and was recorded…

Private school pays $18.8M for Greenwich Village townhouse

City and Country School through the entity The City and Country School, Inc. paid $18.8 million to Jean-Pierre Chesse through the entity Village Greenwich LLC for the townhouse building (A5) at 152 West 13th Street in Greenwich Village, Manhattan. The expected use is owner-occupied. City and Country owns several adjacent buildings to the east of this one including 150 and 144 West 13th Street. The…

BrightSpire Capital sells LIC office building for $21.5M in REO transaction

The entity Blanchard 2109 LLC in care of Law Offices of Stephen Goldstein paid $21.5 million through a “real estate owned” sale to BrightSpire Capital through the entity BRSP Blanchard LIC, LLC for the office building (O6) at 21-09 Borden Avenue in Long Island City, Queens. The deal closed on December 18, 2025 and was recorded on December 30, 2025. The property has 168,000 square…

Steven Cohen, Hard Rock pay NYC $282M for portion of land for $8B Queens complex

Steven Cohen and Hard Rock International through the entity Queens Future, LLC acquired an interest from City of New York through the entity The City Of New York valued at $282 million for a portion of the Mets parking lot, which itself is a portion of the land set for the $8 billion Metropolitan Park gambling and entertainment complex in Willets Point, Queens. The buyers…

Carlyle, Greenbrook pay $7.1M to RYCO, Alchemy for 5-unit rental in Cobble Hill

Carlyle Group and Greenbrook Partners through the entity Townhouse Rental II, L.L.C. paid $7.1 million to RYCO Capital and Alchemy Ventures through the entity Keystone 115 Pacific Street LLC for the five-unit mixed-use building (S3) at 115 Pacific Street in Cobble Hill, Brooklyn. The expected use is cash flowing. The deal closed on December 19, 2025 and was recorded on December 29, 2025. The property…

Zev Mayer pays $8M to Mormon Church for 88-unit dev site in Far Rockaway

Zev Mayer through the entity 3229 FB LLC paid $8 million to Church of Jesus Christ of Latter-day Saints, also known as the Mormon Church, through the entity Corporation Of The Presiding Bishop Of The Church for the development site (V1) at 3229 Far Rockaway Blvd in Far Rockaway, Queens. The expected use is ground up development. On the lot, there is a new development…

Landau Properties, Third Millennium pay $140.5M to Midtown Equities for office in Brooklyn Heights

Landau Properties and Third Millennium Group through the entity 205 Montague Property Owner, LLC paid $140.5 million to Midtown Equities through the entity 205 Montague LLC for the office building (O5) at 205 Montague Street in Brooklyn Heights, Brooklyn. The expected use is ground up development. The deal closed on December 9, 2025 and was recorded on December 29, 2025. The seller bought the property…

Slate pays $260M to Sioni Group for hotel in Penn Plaza, plans affordable resi conversion

Slate Property Group in partnership with nonprofit social service organization Breaking Ground, through the entity 371 7th Avenue Owner LLC paid $260 million to Sioni Group and Patriarch Equities through the entity CYH Manhattan LLC for the 529-unit Stewart Hotel building (H1) at 371 Seventh Avenue in Penn Plaza, Manhattan and the adjacent garage building (G6) at 148 West 31st Street in Penn Plaza, Manhattan….

Rubenstein-backed Declaration Partners signs long-term lease valued at $50.1M for SoHo retail

The David M. Rubenstein-backed fund Declaration Partners through the entity Soho Retail Owner Tenant LLC as tenant signed a long-term lease valued at $50.1 million with the landlord, an entity called SDC Tri-Prince LLC, for three retail cooperative units in the 16-unit residential elevator building (D0) that has the addresses 113, 117, 119 and 121 Prince Street in SoHo, Manhattan. The expected use is cash…

G Holdings signs $90M refi with Brookfield for hotel in Garment District

G Holdings through the entity Mg Hotel Spe LLC as borrower signed a refi loan with lender Brookfield Properties through the entity B Ul LLC valued at $90 million for the hotel condo at 1033 Avenue of the Americas in Garment District, Manhattan. The deal closed on December 22, 2025 and was recorded on December 26, 2025. The prior lender was Valley National Bank which…

Chess Builders signs $125M refi loan with MF1 Capital for two properties in Hell’s Kitchen

Chess Builders through the entity The Westline Realty LLC as borrower signed a refi loan with lender MF1 Capital through the entity MF1 Capital LLC valued at $125 million for two properties with 157 residential units including the 98-unit residential elevator building (D3) at 622 11th Avenue in Hell’s Kitchen, Manhattan and the 59-unit property at 554 West 46th Street in Hell’s Kitchen, Manhattan. The…

Clipper Equity signs $405M refi loan with Citibank, Chase for 766-unit rental in Greenpoint

Clipper Equity through the entity Waterview Developer LLC as borrower signed a refi loan with lender Citibank and JPMorgan Chase through the entity Citi Real Estate Funding, Inc. valued at $405 million for five properties including the property at 77 Commercial Street in Greenpoint, Brooklyn. The deal closed on December 9, 2025 and was recorded on December 26, 2025. The prior lender was JPMorgan Chase…

Aaron Hockett pays $5M for 4-family in Carroll Gardens

Aaron Hockett through the entity 62 4th Place LLC paid $5 million to Camille Mavroudes through the entity Fourth Place Captial, LLC for the four-unit building (C3) at 62 4th Place in Carroll Gardens, Brooklyn. The expected use is cash flowing. The deal closed on December 10, 2025 and was recorded on December 26, 2025. The property has 3,375 square feet of built space and…

Prime Rok Real Estate pays $8.9M to Sopher Group for parcel in Fordham Heights

Prime Rok Real Estate through the entity 2218 Jerome Holdings LLC paid $8.9 million to Sopher Group through the entity 2218 Jerome LLC for the commercial building at 2218 Jerome Avenue in Fordham Heights, Bronx. The former garage was renovated into an office space, according to a listing on LoopNet, which says it could be a redeveloped as well. The deal closed on December 3,…

Olshan acquires additional 50% stake in Tribeca office assets for $25M from Gould, Marshall Rose families

Olshan Properties through the entity Olshan Family 2016 Gst Exempt Trust acquired a 50 percent interest valued at $25 million in three office condominium units at 99 Hudson Street in Tribeca, Manhattan. The sellers were members of the Gould family and members of the family of the late real estate investor Marshall Rose. Olshan Properties already managed and owns units in the property before this…