Sabet Group through the entity 53 E 7 St Holdings LLC paid $5.3 million to Stefka Nazarkewycz through the entity 53 East 7 Street LLC for the 12-unit residential walkup building (C1) at 53 East 7th Street in East Village, Manhattan. The expected use is cash flowing. The deal closed on November 10, 2025 and was recorded on November 18, 2025. The property has 10,116…
Rubin Equities through the entity 114 Bruckner Realty LLC paid $7 million to BNS Real Estate through the entity 114 Bruckner LLC for the development site that is currently a retail building (K5) at 114 Bruckner Boulevard in Mott Haven, Bronx. The expected use is ground up development. On the lot, there is one active new building construction project, X01294705, for a 99-unit, 67,174 square-foot…
Community Access through the entity 1185 River Avenue Housing Development Fund Corp paid $25 million to Irgang Group through the entity 1185 River Avenue LLC for the development site, currently a vacant lot (G6) at 1185 River Avenue in Concourse, Bronx. The expected use is ground up development. The filings in city property records state the building will be 291 units, while the latest Department…
SL Green Realty paid $160 million to Claudio Del Vecchio, the former owner of Brooks Brothers, for a development site in Grand Central, Manhattan, through two transactions for the adjacent properties at 346 Madison Avenue and just to the west, 11 East 44th Street. SL Green Realty said in a release that the site could hold an 800,000 square foot development. To finance the purchase,…
Derby Copeland Capital through the entity Derby General 82, LLC as borrower signed a refi loan with lender Bank of Montreal, also known as BOM, valued at $18.8 million for the 35-unit residential elevator building (D3) at 82 West Washington Place in Greenwich Village, Manhattan. The deal closed on November 6, 2025 and was recorded on November 17, 2025. The prior lender was Derby Copeland…
Centaur Properties through the entity Lf Gramercy Property Co., LLC as borrower signed a refi loan with lender Customers Bank through the entity Customers Bank valued at $23 million for the office building (O6) at 33 East 21st Street in Flatiron District, Manhattan. The deal closed on November 12, 2025 and was recorded on November 17, 2025. The prior lender was Webster Bank which held…
Clipper Equity through the entity Bedford Beverly A LLC as borrower added $20 million in additional debt with lender Valley National Bank for a total of $125 million at the newly constructed 296-unit residential elevator building (D6) at 2201 Beverly Road in Flatbush, Brooklyn. In 2022, Clipper Equity filed job number B00698115, for a new residential (R-2) building was permitted on February 23, 2024. The…
SilverLining Development NY, led by Aden Wiener, through the entity SilverLining Development Ny LLC signed an option agreement with the New Mexico company Zydeco 66 through the entity Heretofore, LLC related to the development site that’s currently a parking lot (G7) at 152-154 Leroy Street in West Village, Manhattan. The expected use is ground up development. The document is a type of property record called…
UPDATED 12:30 p.m., November 18, 2025: Sapir Corp. filed a petition yesterday in U.S. Bankruptcy Court in Manhattan to place its NoMo SoHo Hotel at 9 Crosby Street in bankruptcy. The filing is with the consent of the debt holders as well as a stalking horse bidder, Dan Hotels, which is in contract to pay $125 million for the property that Sapir and a partner…
Island Auto Group purchased a second group of auto dealership locations on Staten Island from members of the Manfredi family, paying $21.6 million for eight tax lots generally fronting Hyland Boulevard between Atlantic and Delaware avenues in the neighborhood of Dongan Hills. The sales were recorded in seven separate transactions. On the same day, Island Auto Group paid $23.26 million for another group of dealership…
Slate Property Group and its partner Avenue Realty Capital through the entity SPG Boerum LLC as borrower signed a refi loan with lender Starwood Property Trust through the entity Scredit Mortgage Funding Sub-1, LLC valued at $64 million for the 162-unit residential elevator building (D3) at 159 Boerum Street in Williamsburg, Brooklyn. The deal closed on October 16, 2025 and was recorded on November 14,…
Investmates through the entity Clay Properties LLC as borrower signed a construction loan with lender S3 Capital through the entity S3 Re 19 Clay St Funding LLC valued at $68.8 million for the 68-unit project at 29 Clay Street in Greenpoint, Brooklyn. On the lot, there is one active new building construction project, B01280400, for a 68-unit, 87,279 square-foot residential (R-2) building. The project was…
Olmstead Properties through the entity 525 Delaware LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc.. valued at $125 million for the office building (O4) at 525 Seventh Avenue in Garment District, Manhattan. The deal closed on November 4, 2025 and was recorded on November 14, 2025. The prior lender was Series 2015-UBS8 which held debt…
Island Auto Group paid members of the Manfredi family a total of $23.26 million for five auto sales parcels in Staten Island in five separate transactions. In the largest, Island Auto Group through the entity 1591 Hylan Blvd Realty, LLC paid Nicky Manfredi and Anna Manfredi through the entity MF Am1 Owner, LLC, $11.7 million for the garage building (G2) at 111 Quintard Street in…
Klosed Properties and Ebrani Holdings through the entity 233 E59 Bh LLC paid $2.4 million to Grundwerg Family through the entity Penn Properties LLC for the 14-unit residential walkup building (C7) at 233 East 59th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on November 3, 2025 and was recorded on November 14, 2025. The property has 7,550 square…
Chaim Lefkovits through the entity CL Powers LLC paid $2.5 million to Joel Weiss through the entity H Powers LLC for the four-unit building (C3) at 294 Powers Street in East Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on October 29, 2025 and was recorded on November 14, 2025. The property has 3,150 square feet of built space and 1,850 square…
M. Yeheda Kohn through the entity Mck Franklin LLC paid $5.9 million to YMY Acquisitions through the entity 1250 Estates LLC for the 56-unit residential elevator building (D1) at 1250 Franklin Avenue in Morrisania, Bronx. The expected use is cash flowing. The deal closed on October 23, 2025 and was recorded on November 14, 2025. The property has 59,814 square feet of built space according…
Apex Investments through the entity 91st St. Propco LLC paid $14.9 million to Bayrock Capital through the entity 419 Br Partners LLC for the homeless shelter building (N2) at 419 East 91st Street in Yorkville, Manhattan. The deal closed on October 28, 2025 and was recorded on November 14, 2025. The property has 16,209 square feet of built space according to a PincusCo analysis of…
Hiwin Group USA through the entity HW Hospitality LLC paid $32 million to Jade Century Properties through the entity Flushing Point Property LLC for the 19-story, 469-key hotel (R-1) project at 131-02 40th Road in Flushing, Queens. The expected use for the project with a job number 421405642 is ground up development. This sale is for the third of three buildings planned for the site….
Golden East Investors through the entity Northeast Bank bought a note with an original principal of $53.5 million from Elliott Investment Management secured by John Quadrozzi Jr.’s industrial building (E9) at 685 Columbia Street in Brooklyn, specialty property (Z9) on Hessler Avenue in Arverne, Queens, and the industrial property (F1) at 73-02 Amstel Boulevard in Arverne, Queens. The deal closed on October 30, 2025 and…
