A&E Real Estate Holdings through the entity UWS Ventures IV, LLC as borrower signed a refi with lender Invesco through the entity Incref Investments Bb Seller, LLC valued at $133 million for the 266-unit residential elevator building (D7) at 575 Amsterdam Avenue in Upper West Side, Manhattan. The deal closed on October 14, 2025 and was recorded on October 28, 2025. The prior lender was…
Fosun International through the entity Summit Glory Property LLC as borrower signed a refi loan with lender JPMorgan Chase, Goldman Sachs, and Deutsche Bank valued at $900 million for the office building (O4) at 28 Liberty Street in Financial District, Manhattan. The deal closed on October 24, 2025 and was recorded on October 28, 2025. The prior lender was Deutsche Bank which held debt obtained…
Khaled Ashmawy through the entity 268 West 125th Street LLC paid $5.1 million to William Hudgins through the entity Alvin And Rosa Hudgins LLC for the retail building (K1) at 268 West 125th Street in Harlem, Manhattan. The deal closed on October 23, 2025 and was recorded on October 28, 2025. The property has 5,046 square feet of built space and 32,899 square feet of…
City Urban Realty through the entity 386wb Retail Owner 1 LLC paid $5.9 million to EPIC LLC through the entity Epic 386 LLC for the retail condominium at 388 West Broadway in SoHo, Manhattan. The expected use is cash flowing. The deal closed on September 30, 2025 and was recorded on October 28, 2025. The property has 3,659 square feet of built space according to…
Aditya Shah through the entity 28 12 41st Ave LLC paid $7.1 million to iCross Capital through the entity Realty 41 LLC for the industrial building (E9) at 28-12 41st Avenue in Long Island City, Queens. The expected use is ground up development. For the tax lot building, it received its initial certificate of occupancy on May 13, 2014. On the lot, there is one…
A&E Real Estate Holdings signed a $165 million loan modification with Santander Bank covering a Kew Gardens Hills, Queens, portfolio of approximately 1,268 residential units in walkup buildings situated on 12 tax lots, and with that loan deal ended a foreclosure action the bank brought against the landlord earlier this month. A&E Real Estate Holdings, through the entity Kew Gardens Hills, LLC as borrower signed…
Giron Contracting through the entity 419-423 Dean Street LLC paid $6.7 million to Avdoo through the entity 604 Pacific Owner LLC for the property at 419 to 423 Dean Street in Park Slope, Brooklyn. The expected use is ground up development. The deal closed on October 16, 2025 and was recorded on October 27, 2025. The signatory for Avdoo was Shlomo Avdoo . The signatory…
Rialto Capital through the entity Rss Wfcm2013-Lc12-Ny Lic LLC through a deed-in-lieu of foreclosure acquired the hotel building (H3) at 29-13 39th Avenue in Long Island City, Queens. The transfer in city records was $13.9 million for the property. The last loan on the property was $8 million. The expected use is hold for sale. The former owners were Steven Baharestani and Martin Baharestani through…
ABS Partners Real Estate and Randy Modell’s Modell Investment Team through the entity 515 West 57th Street Leasehold LLC signed a 75-year ground lease with Eric Duke through the entity 513-519 West 57th Street, LLC for the office building (O2) at 515 West 57th Street in Hell’s Kitchen, Manhattan. The city valued the lease at $17.2 million. Eric Duke is the owner of the television…
UPDATED 3:08 p.m., October 28, 2025: Davis Companies and Tribeca Investment Group through the entity 630 Third Avenue Development Owner, LLC bought a stake in the office building (O4) at 630 Third Avenue from ATCO Properties & Management’s entity 630 Associates, LLC, valued at $66.2 million. ATCO will retain a stake in the property. The owner plan to renovate the building and maintain its use…
RFR Holding through the entity RFD Third Avenue Retail Associates as borrower signed a loan modification with lender Blackstone Group through the entity Sig Cre 2023 Venture LLC valued at $45 million for two retail condominium units at 188 East 78th Street in Lenox Hill, Manhattan. The modification marks the end of a pre-foreclosure action Blackstone filed against RFR over alleged defaults in the loan….
MZS Realty through the entity Mor 882 LLC paid $2.1 million to Shirong Dong through the entity 882 Morris LLC for the development site (V1) at 882 Morris Avenue in Concourse Village, Bronx. The expected use is ground up development. On the lot, there is one active new building construction project, X01104975, for a 28-unit, 18,890 square-foot residential (R-2) building. The project was submitted by…
Kazi Jhosey through the entity Jomilano Realty LLC paid $2.2 million through a bankruptcy process for the retail condo at 31-33 East 28th Street in NoMad, Manhattan. The expected use is cash flowing. The prior owner, a group affiliated with the lender, filed a chapter 11 petition in July 2024 in New Jersey to place the property in bankruptcy. The sale closed on October 17,…
CIM Group through the entity 67 Irving (NY), LLC as borrower signed a new construction loan with lender Bank OZK valued at $48 million for the conversion of the office building (O6) at 67 Irving Place in Gramercy, Manhattan, into an 11-unit residential condominium building. On the lot, there is one active major alteration construction project, M00888167, for an 11-unit, 49,125 square-foot residential (J-2) building….
Allied Partners through the entity 43 West 39th Realty LLC as borrower signed a refi loan with lender Deutsche Bank valued at $80 million for an assemblage composed of six properties with 15 residential units including the specialty building (W6) at 50 West 40th Street, the office building (O6) at 54 West 40th Street, and the five-unit mixed-use building (S9) at 49 West 39th Street…
BXP, formerly known as Boston Properties, through the entity Bp/M 3hb Owner LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $108 million secured by the office building development site at 400 11th Avenue between 34th and 35th streets in Hudson Yards, Manhattan. The deal closed on October 17, 2025 and was recorded on October 24, 2025. The prior lender was…
PGIM Real Estate, Steven Pozycki’s SJP Properties and Norges Bank Investment Management, through the entity PR SJP TS Owner LLC as borrower signed a refi loan with lender JPMorgan Chase, Deutsche Bank, and Wells Fargo valued at $507 million for the office and retail building at 640 Eighth Avenue, now known as Eleven X, just west of Times Square. The deal closed on October 14,…
UPDATED 10:40 a.m., October 31, 2025: A general merchandise retailer through the entity Bh 166 LLC paid $2.5 million to Wharton Properties and the Botsaris Morris Realty Group through the entity Jamaica & Merrick LLC for the retail building (K4) at 166-19 Jamaica Avenue in Jamaica, Queens. The expected use is owner-occupied. The deal closed on October 17, 2025 and was recorded on October 24,…
Sadik Mann through the entity 1713 Church LLC paid $3 million to Marvin Saka through the entity 1713 Corp. for the retail building (K1) at 1713 Church Avenue in Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2025 and was recorded on October 24, 2025. The property has 4,600 square feet of built space and 16,620 square feet of…
Sun Frontier Fudousan Co. paid $10 million to Leonid Babinsky and Iosif Babinsky for two walkup buildings in Chelsea, Manhattan, in two transactions. In the first, Sun Frontier Fudousan Co. through the entity 356 West 21 LLC paid $5 million to Leonid Babinsky and Iosif Babinsky through the entity 356 West 21st, LLC for the five-unit residential walkup building (C2) at 356 West 21st Street…
