Magna Hospitality Group through the entity NY 24th Street Operating VI LLC as borrower signed a refi loan with lender Aareal Capital valued at $150 million for the hotel building (H2) at 140-146 West 24th Street in Chelsea, Manhattan. The deal closed on December 8, 2025 and was recorded on December 12, 2025. The prior lender was Apollo Global Management which held debt that had…
KKR & Co. through the entity KKR HY Owner LLC as borrower signed a refi loan with lender Bank of America valued at $500 million for two office condominium units at 30 Hudson Yards in Hudson Yards, Manhattan. The deal closed on December 9, 2025 and was recorded on December 12, 2025. The prior lender was Deutsche Bank which held debt that had an original…
UPDATED 9 p.m., December 15, 2025: David Goldberger through the entity East Harlem Residents LLC signed a contract to pay an undisclosed amount to Golani Development Group through the entity East 120th Holdings LLC for the development site (V1) at 2197 Third Avenue in East Harlem, Manhattan. The expected use is ground up development. On the lot, there was one active new building construction project,…
SilverLining Development NY paid $7.5 million to Urban Standard Capital for a likely development site that is currently two retail properties at 33 and 35 Lispenard Street in Tribeca, Manhattan, in two transactions. In November, SilverLining Development NY signed an option agreement for a development site on Leroy Street. SilverLining Development NY, led by Aden Wiener, through the entity SilverLining Development Ny LLC signed an…
Watermark Capital Group through the entity 980 Bergen LLC as borrower signed a refi loan with lender Peapack Private Bank & Trust valued at $5 million for the eight-unit residential walkup building (C1) at 980 Bergen Street in Crown Heights, Brooklyn. The deal closed on November 26, 2025 and was recorded on December 11, 2025. The prior lender was Series 2017-SB28 and Freddie Mac which…
The family that owns the entity 525 East 13 LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $7 million for the 46-unit residential elevator building (D3) at 525 East 13th Street in the East Village, Manhattan. The deal closed on November 26, 2025 and was recorded on December 10, 2025. The prior lender was PIMCO which held debt that had…
Madison Realty Capital through the entity Dupont Street Owner 2 LLC as borrower signed a refi loan with lender TPG Angelo Gordon through the entity TPG Re Finance24, Ltd. valued at $179.2 million for two residential elevator properties with 548 residential units including the 342-unit residential elevator building (D7) at 75 Dupont Street in Greenpoint, Brooklyn and 206-unit residential elevator building (D7) at 65 Dupont…
Savanna through the entity 5 Bryant Park Property Investors IV, LLC as borrower signed a senior refi loan with lender Blue Owl Capital through the entity BO Bryant Park Lender LLC valued at $375 million for the office building (O4) at 5 Bryant Park in Garment District, Manhattan. Savanna reportedly was refinancing the building with a total of $500 million in debt with Blue Owl…
LMXD, the L+M-affiliated development and investment company, through the entity Inoq E2 Acquisition LLC signed a contract to pay an undisclosed amount to Joseph Klyde through the entity Alfess Realty, L.L.C. for the industrial building (E1) at 35-10 43rd Street in Astoria, Queens and retail building (K1) at 35-18 43rd Street in Astoria, Queens. The expected use is ground up development. The deal closed on…
Jack Geula paid $4.4 million to Christopher Cappi in three transactions for three residential walkups in East Harlem, Manhattan, that have a total of 60 residential units. In the first, Jack Geula through the entity 307e 109 LLC paid $1.8 million to Cristopher Cappi through the entity Cc 307 LLC for the 24-unit residential walkup building (C1) at 307 East 109th Street in East Harlem,…
The entity Bh 166 Holding LLC paid $4.5 million to Kenneth Corwen through the entity Kimaqu Corporation for the mixed-use building (K2) at 166-30 Jamaica Avenue in Jamaica, Queens. The expected use is cash flowing. The deal closed on December 1, 2025 and was recorded on December 11, 2025. The property has 11,600 square feet of built space and 40,561 square feet of additional air…
The entity Americas & Prince LLC in care of First Management, paid $7 million through an estate sale to Mady Marantz for the five-unit mixed-use building (S5) at 198 6th Avenue in SoHo, Manhattan. A listing says it’s a three-unit building. The deal closed on November 26, 2025 and was recorded on December 11, 2025. The property has 6,744 square feet of built space and…
Apex Investments through the entity Hylan Propco LLC paid $7.4 million to Bayrock Capital through the entity 1055 Partners LLC for the office building (O7) at 1055 Hylan Boulevard in Concord, Staten Island. The deal closed on October 28, 2025 and was recorded on December 11, 2025. The seller bought the property on December 23, 2021, for $1.6 million. The signatory for Bayrock Capital was…
Beechwood Homes through the entity Lot 105e LLC paid $7.5 million to Benjamin Companies and Beechwood Homes through the entity Benjamin Beechwood Oceanway LLC for the development building (V1) at 141 Beach 67th Street in Arverne, Queens. The expected use is ground up development. On the lot, there is one active new building construction project, Q08031880, for a 82-unit, 116,486 square-foot residential (R-2) building. The…
Friedland Properties through the entity 23 South Moger LLC as borrower signed a refi loan with lender M&T Bank valued at $12.5 million for the retail building (K4) at 909 Madison Avenue in Lenox Hill, Manhattan. The deal closed on December 4, 2025 and was recorded on December 10, 2025. The prior lender was M&T Bank which held debt that had an original loan amount…
MZS Realty through the entity Pro 1821 LLC as borrower signed a refi loan with lender Protective Life Insurance Company valued at $9.8 million for the 33-unit residential elevator building (D1) at 1821 Prospect Avenue in East Morrisania, Bronx. The deal closed on November 24, 2025 and was recorded on December 10, 2025. The prior lender was BridgeCity Capital which held debt that had an…
Daniel Group through the entity 76 J LLC paid $4 million to Brian Kent through the entity Mha, LLC for the mixed-use retail building (K1) at 3261-3271 Westchester Avenue in Pelham Bay, Bronx. The expected use is cash flowing. The deal closed on December 3, 2025 and was recorded on December 10, 2025. The property has 15,602 square feet of built space and 16,908 square…
Korea’s Lotte Hotels & Resorts, a division of the giant conglomerate Lotte Corporation, signed a contract to buy the ground leased fee under its Midtown East hotel for $490 million from the Archdiocese of New York. The purchase comes less than a year before the annual ground rent is set to reset from $10 million to a projected $36 million, according to an appraisal of…
Williams Equities through the entity 38e32 Street LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $15 million for the office building (O6) at 38 East 32nd Street in Park Avenue South, Manhattan. The deal closed on December 3, 2025 and was recorded on December 10, 2025. The prior lender was John Hancock Life…
Azizo Holdings RE through the entity 151 Wooster Office LLC paid $6.3 million to Premier Equities and Thor Equities through the entity 149-151 Wooster Realty LLC for the office condo at 149-153 Wooster Street in SoHo, Manhattan. The expected use is cash flowing. This is the entire second floor. Premier and Thor continue to own the two retail condo units on the first floor, city…
