Limited partner fights HPD takeover of ailing 171-unit Mitchell-Lama in Astoria
By Adam Pincus At least one heir to a group of limited partners in a
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Real Estate Equities Corp. signs $50M ground lease with Kinsmen for Bowery buildings in Nolita
Real Estate Equities Corp. through the entity REEC 156 Bowery, LLC as tenant signed with
SL Green buys $90M first mortgage at Thor’s distressed 590 Fifth Avenue
SL Green realty purchased the $90 million first mortgage secured by Thor Equities’ troubled 590
Yihai Group pays $45.3M to American Realty for W’burg rental, $11M below 2012 price
Yihai Group through the entity 111 Kent LLC paid American Realty Advisors’s SVF Kent Brooklyn
Late bloomers? 10 condo projects with no units recorded sold
By Adam Pincus Despite the headwinds in the New York City condominium market, still about
Madison Realty Capital acquires Soho dev site valued at $28M from Opal Properties
Madison Realty Capital through the entity Spring Street JV LLC acquired from Opal Properties’s 182-186
Belvedere Capital adds to Industry City holdings with $10M purchase from U.S. gov’t
Belvedere Capital through the entity Motor Pool 870, L.P. paid the U.S. General Services Administration
Moinian Group, Bushberg Properties borrow $170M from AIG for new rental in Flatbush
The Moinian Group and Bushberg Properties through the entity 123 Linden LLC as borrower signed
Parkoff buys former Trump multifamily from Cammeby’s for $63M
The Parkoff Organization pays $63M to Cammeby’s International Group for rental properties in Brooklyn and