Michael Contillo borrows $26M from Oceanfirst Bank for warehouse property in Tremont
Michael Contillo through the entity 500 Brush, LLC as borrower signed a loan agreement with
Transfers
Rhoda Ryklin and Lolita Ryklin borrow $23M from Brett Cohen’s JGB Management for property in Clinton
Rhoda Ryklin and Lolita Ryklin through the entity 51st Street Realty Inc. as borrower signed
Black Bear Asset Management borrows $19.5M from Morgan Stanley Bank for multifamily property in Lower East Side
Arthur D. Bellini’s Black Bear Asset Management through the entity Forsyth Owner LLC as borrower
Ari Sklar borrows $19M from New York Community Bank for multifamily property in Lincoln Square
Ari Sklar through the entity 30 West 70th Street Associates LLC as borrower signed a
Analysis of three NYC high-volume lenders
By Adam Pincus The city’s real estate owners and lenders are undertaking an evolving reassessment
PincusCo January 2020 NYC loan report
The PincusCo January 2020 loan report found that there were 312 loans valued at $11.2
Joel Schwartz pays $8M to David Damaghi for property in Ocean Hill
Joel Schwartz through the entity Broadway 1884 LLC paid David Damaghi’s 1892 Broadway Associates, Inc.
Prana Investments pays $7M to Elizabeth Crane of Rosedale Management for multifamily property in Soundview
Prana Investments through the entity 1491-1493 Watson Ave. LLC paid Elizabeth Crane of Rosedale Management
Madison Marquette, Perella Weinberg borrow $62M from Citizens Bank for BankNote Building in Hunts Point
Madison Marquette and Perella Weinberg Partners through the entity Lafayette Avenue LLC as borrower signed