Carlyle Group and Greenbrook Partners through the entity Townhouse Rental II, L.L.C. paid $5.6 million to Penn South Capital through the entity Brooklyn5 LLC for the four-unit building (C3) at 138 Noble Street in Greenpoint, Brooklyn. The expected use is cash flowing. The deal closed on August 20, 2025 and was recorded on September 3, 2025. The property has 3,750 square feet of built space…
Sabet Group through the entity 269-271 E Houston Street LLC paid $7.2 million to Verbena Road Holdings through the entity 269 E Houston Partners LLC for the 15-unit residential walkup building (C7) at 271 East Houston Street in Lower East Side, Manhattan. The expected use is cash flowing. The deal closed on August 21, 2025 and was recorded on September 3, 2025. The property has…
The bankruptcy trustee for the shuttered Upper West Side Manhattan Country School values the organization’s main asset, the school building at 150 West 85th Street, at $39 million, and is preparing the building for sale, a new chapter 7 bankruptcy petition filed yesterday says. The entity West 85th Street Owner LLC, by trustee Albert Togut, filed the petition in the Southern District of the U.S….
The city’s School Construction Authority is buying a former convent location composed of four adjacent tax lots including 1651 Zerega Avenue, in Westchester Square, the Bronx, for $8.5 million to build new school, state records show. The seller is the Connecticut-based Roman Catholic religious congregation, the Apostles of the Sacred Heart of Jesus. The sale was disclosed in a document memorializing the New York State…
Charles Wurzberger , president of Candor Capital , signed a 99-year ground lease as tenant with Brooklyn’s Roman Catholic Church of St. Francis of Assisi as landlord, on May 30, 2025, for 331-333 Maple Street in Prospect Lefferts Gardens. The lease was disclosed in a petition filed yesterday in New York State Supreme Court in Brooklyn seeking court approval of the lease, which is a requirement…
The entity 168e75 LLC paid $5.3 million to C. V. Starr & Co., a company created by AIG-founder Cornelius Vander Starr, to purchase the three-unit townhouse (C0) at 168 East 75th Street in Lenox Hill, Manhattan. The property was listed by the brokerage Douglas Elliman. According to the listing, this one of five landmarked garages from 168 to 176 East 75th Street, designed in 1902…
UPDATED 12:22 p.m., September 3, 2025: Lalezarian Properties and Kahen Properties through the entity Third And Thirty Four LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $141 million for the 229-unit residential elevator building (D6) at 511 Third Avenue at the corner of East 34th Street in Murray Hill, Manhattan. The deal closed on August 26, 2025 and was recorded…
JEMB Realty through the entity Herald Towers, LLC as borrower signed a refi loan with lender Corebridge Financial through the entity American General Life Insurance Company valued at $275 million for two properties with 690 residential units including the 690-unit rental and retail condos at 50 West 34th Street in Penn Plaza, Manhattan. The deal closed on August 18, 2025 and was recorded on September…
RXR Realty and Ivanhoe Cambridge through the entity 1211 6th Avenue Property Owner, L.L.C. as borrower signed a refi loan with lender Series 2015-1211 and Berkadia Commercial Mortgage valued at $1.035 billion for the office building (O4) at 1211 Avenue of the Americas in Midtown West, Manhattan. The deal closed on August 14, 2025 and was recorded on September 2, 2025. The prior lender was…
HUBB NYC through the entity 260 Water St LLC paid $20.3 million to City Urban Realty through the entity Water Street Tic 2 LLC for the 26-unit residential elevator building (D1) at 254-268 Water Street in Vinegar Hill, Brooklyn. The expected use is cash flowing. The deal closed on August 7, 2025 and was recorded on September 2, 2025. The property has 28,358 square feet…
Aurec Capital and Golden Arc through the entity 2442 Ocean Ave Daf L.P. paid $52.5 million to Lay Assets through the entity 2442 Ocean Avenue, LLC for the 105-unit residential elevator building (D3) at 2442 Ocean Avenue with an alternate address of 2450 Ocean Avenue in Sheepshead Bay, Brooklyn. The expected use is cash flowing. The deal closed on August 22, 2025 and was recorded…
David Werner Real Estate Investments through the entity 35th & 9th LLC paid $105 million to Taconic Partners and Nuveen Real Estate through the entity 440 Ninth Avenue Owner LLC for the office building (O6) at 440 9th Avenue in Garment District, Manhattan. The expected use is cash flowing. Bloomberg first reported the sale last month. The deal closed on August 20, 2025 and was…
A court-appointed referee set an auction of October 1, 2025, to sell 136 and 138 West 34th Street, two retail properties in Penn Plaza across from Macy’s, that have an approximate judgment of $24.98 million, according to a notice of sale. The Dushey family’s Jenel Real Estate (which also uses the name Jenel Management) owns the buildings. LNR Partners as special servicer for a commercial…
Richard Talmadge through the entity 120 Wooster LLC as borrower signed a refi loan with the family-affiliated lender Tri-Star Funding through the entity Tri-Star Funding Corp valued at $30 million for the office and retail building (O5) at 120 Wooster Street in SoHo, Manhattan. The deal closed on August 25, 2025 and was recorded on August 29, 2025. The prior lender was Bank of New…
Shlomo Karpen through the entity Cedar Tower LLC as borrower signed a refi loan with lender Newmark through the entity Berkeley Point Capital valued at $70.8 million for the 139-unit residential elevator building (D3) at 60 Cedar Street in Bushwick, Brooklyn. The deal closed on August 19, 2025 and was recorded on August 29, 2025. The prior lender was Popular Bank which held debt that…
Alfred Basal through the entity Clarendon Plaza LLC acquired from Bluejay Management’ entity 2802 Clarendon Partners LLC through a $2.3 million short sale, the 38-unit residential walkup building (C1) at 2802 Clarendon Road in East Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on August 14, 2025 and was recorded on August 29, 2025. The property has 32,800 square feet of built…
The nonprofit anti-violence organization Malikah Inc. through the entity Malikah Inc. paid $2.6 million to Malika Hamirani through the entity 3202 45th Street LLC for the mixed-use building (K2) at 44-18 Broadway in Astoria, Queens. The expected use is owner-occupied. The deal closed on August 1, 2025 and was recorded on August 29, 2025. The property has 4,037 square feet of built space and 975…
Baker Capital Group through the entity 906 Summit Realty LLC paid $2.6 million to Jimmy Kwong through the entity 906 Summit, Inc. for the 16-unit residential walkup building (C1) at 906 Summit Avenue in Highbridge, Bronx. The expected use is cash flowing. The deal closed on August 15, 2025 and was recorded on August 29, 2025. The property has 14,175 square feet of built space…
The child-development and recreation nonprofit Police Athletic League paid $6 million to Jonas Equities through the entity 452 Pennsylvania Avenue LLC for the school building (W9) at 452 Pennsylvania Avenue in East New York, Brooklyn. The expected use is owner-occupied. The deal closed on August 19, 2025 and was recorded on August 29, 2025. The property has 18,000 square feet of built space according to…
Morris Sabbagh through the entity Sabbagh Family LLC paid $6.3 million to CW Realty Group through the entity 447 Keap Street LLC for the six-unit mixed-use building (S5) at 447 Keap Street in Williamsburg, Brooklyn. The deal closed on August 15, 2025 and was recorded on August 29, 2025. The property has 7,644 square feet of built space and 3,877 square feet of additional air…
