AB Capstone borrows $11M from Lighthouse Capital for office conversion in Long Island City
Meir Babaev’s AB Capstone through the entity Baba LLC D/B/A 38-27 Baba LLC as borrower
Transfers
Gershon Levy borrows $9M from Santander Bank for multifamily property in East Village
Gershon Levy through the entity Prince Street Associates Inc. as borrower signed a loan agreement
Dib Real Estate borrows $9M from Valley National Bank for retail property in Noho
Roland Dib’s Dib Real Estate Management through the entity Great Jones Street Property, LLC as
Lightstone Group sells duplex condo for $13.9M in Yorkville
East End Gracie LLC paid the Lightstone Group’s 40 East End Ave. Associates LLC $13.9
Cerberus Capital’s Jonathan Gallen buys $12.7M co-op from Wells Fargo CEO Charles Scharf at 101 Central Park West
Cerberus Capital Management managing director Jonathan Gallen and Amy Gallen paid Wells Fargo CEO Charles
Continuum Company sells Madison Square Park Tower unit for $12.5M
227 Investment Inc. paid the Continuum Company’s 45 East 22nd Street Property LLC $12.5 million
Columbia Property Trust pays $88M to Onyx Equities, GMF Capital for leasehold in Penn Plaza
Columbia Property Trust as owner of Normandy Real Estate Partners through the entity Maple 1
Joseph Pistilli pays $13M to Janna Rossetti for multifamily property in Crown Heights
Joseph Pistilli through the entity 925 Prospect Place LLC paid Janna Rossetti’s Prospect Palace LLC
Hope Street Capital borrows $129M from Square Mile for new construction in Clinton Hill
Jeffrey Gerson’s Hope Street Capital through the entity 550 Clinton Partners LLC as borrower signed