NYC CRE lending tumbles in Q1 2023
In the first quarter of the year, the dollar volume and the number of loan
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NYC CRE bankruptcies decline but pre-foreclosures rise in March
The number and dollar value of New York City commercial real estate bankruptcies declined last
$13.25M pre-foreclosure filed against Thor Equities in SoHo
The trustee of a securitized loan with an original principal of $13.25 million secured by
Preservation group seeks to severely limit Extell towers near Central Park West
The preservation group Landmark West! in conjunction with the local Community Board 7 filed an
Joel Berkowitz plans 62-unit building in Bed-Stuy
Developer Joel Berkowitz filed a private application for a zoning map amendment to facilitate the
Oleg Gutnik plans 45-unit building in Gravesend
Property owner Oleg Gutnik filed an application seeking a zoning change through the New York
Buyer in care of Relo Redac pays $4.8M for 10-unit walkup in Hell’s Kitchen
A buyer in care of Relo Redac Inc. through the entity 314 West 51 LLC
Jian Wu Chen pays $6.8M for Flushing retail, paid $67M for Flushing Modell’s in 2021
Jian Wu Chen and Xiao Chu Zhou through the entity C&Z Main LLC paid $6.8
Billionaire Pears brothers pay $54.5M to Pinnacle for 315 unsold condos in Harlem, Washington Hts.
The William Pears Group through the entity Jober Upper Riverside LLC paid $54.5 million to