Michael Heletz’s Excel Development plans 71 units in Hell’s Kitchen
Michael Heletz, owner of Excel Development Group submitted a new building construction project for a
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German investor Tatar Holding pays $30M to Magnum for 3 LES walkups
The German investment firm Tatar Holding through the entity Tatar Ludlow LLC paid $30 million
Weihong Hu signs $20M construction loan for 166-unit hotel project in Garment District
Weihong Hu through the entity H 317-319 LLC as borrower signed a construction loan with
Talmudical Seminary of Bobov pays $8.4M for 3 properties in Borough Park
The Talmudical Seminary of Bobov paid $8.38 million to Sonnia Torres for three industrial properties
MTA pays Extell $82M for East Harlem site next to developer’s 543-unit project
The Metropolitan Transportation Authority paid $82 million to Extell Development through the entity 160 East
Courts roundup: $3.5M South Slope bankruptcy, $3.6M pre-foreclosure in Carnegie Hill, $3.2M in Ridgewood
$3.5M South Slope bankruptcy: Manuel Goldschmidt filed a Chapter 7 bankruptcy to block a foreclosure
Cadence Property Group pays $15.5M for dev site in Hell’s Kitchen
The developer Cadence Property Group through the entity Cadence 51/52 Development LLC paid $15.5 million
Criterion Group pays $16M for industrial in Bronx
Criterion Group through the entity 1066 Zerega Avenue Industrial LLC paid $16 million to Beth
Wayne Wu pays $6.7M to Mann Group for mixed-use in Crown Heights
Wayne Wu through the entity 787 Franklin Av Xnb LLC paid $6.7 million to Mann