Jose Tavarez borrows $11M from Sterling National Bank for portfolio in Bronx, Manhattan
Jose Tavarez through the entity Scs Realty LLC as borrower signed a loan agreement with
Transfers
Wolf Sicherman borrows $9M from New York Community Bank for multifamily property in Flatbush
Wolf Sicherman through the entity S & W Realty LLC as borrower signed a loan
David Chemtob borrows $9M from Signature Bank for property in Brooklyn, Queens
David Chemtob through the entity Metropolitan LLC as borrower signed a loan agreement with lender
Vornado sells 220 Central Park South unit for $26.8M
220 CPS Unit 53B LLC paid Vornado Realty Trust’s VNO 225 West 58th Street LLC
No NYC construction loans provided in nearly two months, even as new building filings rise
By Adam Pincus There have been no new construction loans given to New York City
Fortis Property Group affiliate, TL Management pay $58.8M for healthcare property in Bushwick
UPDATED June 19, 2023, 1:00 p.m.: Louis Kestenbaum’s Fortis Business Holdings, which is affiliated with
63rd Street Bldg LLC pays $12M to Philip Young for property in Lenox Hill
63rd Street Bldg LLC paid Philip Young’s 63rd Street Young LLC $11.5 million for 3
Stellar Management borrows $119M from Signature Bank to refi multifamily property in the Upper West Side
Stellar Management through the entity Windermere Owners LLC as borrower signed a loan agreement with
Tudor City’s Windsor Tower cooperative in Murray Hill borrows $41M from John Hancock Life
Tudor City’s Windsor Tower cooperative through the entity Windsor Owners Corp. as borrower signed a