$180M pre-foreclosure filed at Jeff Sutton’s 1551 Broadway, loan matured in July 2021
The special servicer for a $180 million commercial mortgage-backed security loan filed a pre-foreclosure action
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$7.5M bankruptcy filed in Sunset Park
Developer Bao Zhi Liu filed a chapter 11 bankruptcy petition in U.S. Bankruptcy Court in
Pontegadea pays $487.5M to Carmel Partners for 483-unit rental in FiDi, assumes $272M loan
Pontegadea through the entity Ponte Gadea Dutch, LLC paid $487.5 million to Carmel Partners through
Yitzchok Katz files plan for 75-unit building in Downtown Brooklyn, paid $25M last month for site
Yitzchok Katz submitted a new building construction project for a 75-unit building at 362 Livingston
Citi Builders NY submits 39-unit condo plan in Clinton Hill, $45M to $50M sellout
Citi Builders NY, on August 31, submitted a condominium plan with 39 residential units at
Melaim Bauta pays $9.5M to Gerald Leibman for 66-unit walkup in Hell’s Kitchen
Melaim Bauta through the entity 541 West 49 LLC paid $9.5 million to Gerald Leibman
Black Spruce, Orbach Affordable pay $387.5M to Solow in Murray Hill, part of $1.8B deal
Black Spruce Management and Orbach Affordable Housing Solutions through the entity 685 1st Ave LLC
$9.25M pre-foreclosure filed at 12-unit former church in Fort Greene
Valley National Bank filed a complaint against Serabjit Singh Malhotra and the entity Beards of
RXR Realty signs $700M 5 Times Square refi with Morgan Stanley, Athene, AIG, Arab Banking, AustralianSuper
RXR Realty signed a $700 million refinance of 5 Times Square in the Garment District,