J&C International borrows $16M from Castellan Capital to buy bankrupt property in Flushing
J&C International Group through the entity 41 Haight Street Owner, LLC as borrower signed a
Transfers
Stellar Management borrows $11.5M from BankUnited for 154-unit rental in Soundview
Laurence Gluck’s Stellar Management through the entity Stellar Morrison LLC as borrower signed a loan
No co-op sales recorded yesterday, third day in row at very low levels
There were no cooperative sales recorded in Acris yesterday, which is extremely unusual. In addition,
Klövern, GDSNY acquire air rights, easement valued at $17.7M in Chelsea
Developers Klövern and GDSNY acquired development rights from Neil Wainland through the entity The N.E.W.
Benny Barmapov pays $9M to Neil Wainland for property in Chelsea
Benny Barmapov through the entity B&R Tenth Avenue LLC paid Neil Wainland’s The N.E.W. Corp.
Innovo signs contract to buy 160K in air rights at LIC dev site
Andrew Chung’s Innovo Property Group through the entity 25-20 Borden Avenue Owner LLC signed a
Sotheby’s ups debt by $172M to $424M for headquarters in Lenox Hill
Sotheby’s through the entity 1334 York, LLC as borrower signed a loan agreement with lender
Lipa Friedman as signatory borrows $66.5M from New York Community for 351-unit rental in Williamsburg
Lipa Friedman through the entity 95 Bedford LLC as borrower signed a loan agreement with
UNG Realty Co. borrows $44.6M from LoanCore Capital for office property in Garment District
UNG Realty Co. through the entity UNG 1 Realty, LLC as borrower signed a loan