NYC CRE bankruptcies rise 46% in 2023 to $2.1B
The dollar volume of New York City commercial real estate bankruptcy filings rose by 46
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Javeri Capital pays $29M to BentallGreenOak for mixed-use rental in SoHo
Javeri Capital through the entity 91 Crosby Acq LP paid $29 million to BentallGreenOak through
FedEx pays $248M to Bridge, DH Property for warehouse property in Sunset Park
FedEx through the entity Federal Express Corporation paid $248 million to Bridge Industrial and Dov
Merchants Hospitality surrenders $24M Hell’s Kitchen ground lease to BD Hotels
A Merchants Hospitality affiliate last month surrendered its $24 million ground lease controlling the Cachet
Cine Magic pays $19.1M to Alexandria to develop new LIC film studios
Film production facility Cine Magic Companies through the entity CM LIC Studios 30th Street Ii
$10.2M pre-foreclosure at stalled Sunset Park retail development
Lender Golden Bridge Funding filed a $10.2 million pre-foreclosure action in the Eastern District of
Courts roundup: $10.3M foreclosure ordered, Hirshmark files $3.8M pre-foreclosure, Carnegie House suit tossed
Judge orders sale of $10.3M bankrupt new development in Greenpoint: Brooklyn State Supreme Court Judge
Peak Capital Advisors pays $10M for 22-unit walkup in SoHo
Peak Capital Advisors through the entity 75 Thompson SDP Owner LLC paid $10 million to
$215M pre-foreclosure at 681 Fifth Avenue
The trustee for a securitized loan pool filed a $215 million pre-foreclosure action against the