KSL Capital Partners through the entity York Street Lessee DE, LLC as borrower signed a refi loan with lender Wells Fargo and Citibank valued at $58.6 million for the Hilton Garden Inn Tribeca NY hotel building (H3) at 39 Avenue of the Americas in Tribeca, Manhattan. The deal closed on December 6, 2024 and was recorded on December 20, 2024. The existing lender are Wells…
REDA Holdings through the entity Reda 242 East 75 LLC paid $6.9 million to Icon Realty Management through the entity 242 East 75 Realty Associates LLC for the 20-unit residential walkup building (C5) at 242 East 75th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on December 12, 2024 and was recorded on December 20, 2024. The property has…
Shimon Klein through the entity Broadbridge Holdings LLC paid $7 million to Mordechai Krausz through the entity Makach Realty Corp. for the office and retail building (O5) at 232-234 Broadway in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on December 4, 2024 and was recorded on December 20, 2024. The property has 12,000 square feet of built space according to a…
Eli Rosenberg through the entity M Adler Enterprises LLC acquired an interest from Richard Klein through the entity level purchase valued at $25.9 million for a stake in six Upper West Side walkup buildings including the 12-unit (C7) at 416 Amsterdam Avenue, the 10-unit (C4) at 204 West 80th Street, and the 10-unit (C7) at 202 West 80th Street. The deal closed on December 16,…
ZHL Group through the entity 44lic Development Sp LLC paid $27.6 million to White Family Limited Partnership through the entity White Family Limited Partnership for the property at 11-49 44th Drive in Long Island City, Queens. The expected use is ground up development. On the lot, there is one active new building construction project, Q01139599, for a 102-unit, 74,728 square-foot residential (R-2) building. The project…
Turnbridge Equities through the entity 303 Louisiana Avenue Property LLC paid $29 million to Aaron Menche and Daniel Skura through the entity 237 42nd Street Corp. for the parking lot at 1 Wortman Avenue in East New York, Brooklyn. The expected use is ground up development. On the lot, there is one active new building construction project, B01085790, for a 88,251 square-foot storage building. The…
Capstone Equities and the Montreal-based Leyad through the entity CE Ink 48 De Owner LLC paid $57.8 million to Brookfield Properties through the entity Bsrep III 653 Hotel LLC for the Ink48 Hotel building (HB) at 653 11th Avenue in Hell’s Kitchen, Manhattan. The expected use is cash flowing. The deal closed on December 12, 2024 and was recorded on December 20, 2024. The property…
Moinian Group through the entity 102-110 John Mazal LLC as borrower signed a new construction loan with lender MSD Partners through the entity MSD RCOF Partners XXX, LLC valued at $169 million for the 250-unit residential elevator project (D8) at 3 Platt Street in Financial District, Manhattan. On the lot, there is one active new building construction project, 121188053, for a 250-unit, 213,017 square-foot R-2…
Vanbarton Group through the entity 77 Water LLC as borrower signed a rehab construction loan with lender TYKO Capital through the entity Water Street Debt Lender LLC valued at $165 million for the office building (O4) at 77 Water Street in Financial District, Manhattan. The deal closed on December 4, 2024 and was recorded on December 19, 2024. The prior lender was ACORE Capital which…
Fereydoun Khalili through the entity Yonah 26 LLC paid $3 million to Walgreens through the entity Walgreen Eastern Co., Inc. for the retail building (K2) at 119-10 Liberty Avenue in South Ozone Park, Queens. The expected use is cash flowing. The deal closed on December 2, 2024 and was recorded on December 19, 2024. The property has 8,442 square feet of built space and 9,681…
Zee Bala through the entity 1601 Plymouth LLC paid $3.4 million to Santina Mondelli through the entity 1601 Plymouth Avenue LLC for the 21-unit residential walkup building (C7) at 1601 Plymouth Avenue in Pelham Bay, Bronx. The expected use is cash flowing. The deal closed on December 13, 2024 and was recorded on December 19, 2024. The property has 17,666 square feet of built space…
Patrick Mitchell’s Connor Rose Realty through the entity Connor Rose of Riverdale LLC paid $4.8 million to LAL Property Management through the entity L.A.L. Rive Management Company, LLC for the nine-unit residential walkup building (C7) at 531 West 235th Street in Riverdale, Bronx. The expected use is cash flowing. The deal closed on December 12, 2024 and was recorded on December 19, 2024. The property…
Edward Ostad through the entity Meo 431 Court Street, LLC paid $5.7 million to the entity Elas Realty, LLC for the three-unit mixed-use building (S3) at 433 Court Street and the three-unit mixed-use building (S3) at 431 Court Street in Carroll Gardens, Brooklyn. The expected use is cash flowing. The retail is occupied by Citizens Bank. The deal closed on November 26, 2024 and was…
UPDATED, 12:20 p.m., December 20, 2024: The Laboz family’s United American Land, the Chera family’s Crown Acquisitions, and the Chehebar family’s Jackson Group through the entity New 422 Boys LLC and 422 Fulton Street Owner II LLC paid $23 million to Macy’s Inc. through the entity Macy’s Brooklyn, LLC for the retail condo at 422 Fulton Street in Downtown Brooklyn, Brooklyn. The expected use is…
AYA Acquisitions through the entity Aya Bsd Renoir LLC paid $45 million to buy a ground lease from Carmel Partners through the entity CP III Aj 63rd, LLC which controls the 151-unit residential elevator building (D6) at 225 East 63rd Street in Lenox Hill, Manhattan. The expected use is cash flowing. The fee is owned by Sol Goldman Investments. The deal closed on November 26,…
Margarita Brennan through the entity Bh 8808 LLC paid $3.5 million to Oscar Ed Patisso through the entity 8808 Rockaway LLC for the office building (O2) at 88-08 Rockaway Beach Boulevard in Rockaway Beach, Queens. The expected use is cash flowing. The deal closed on November 25, 2024 and was recorded on December 18, 2024. The property has 12,300 square feet of built space according…
Bronstein Properties through the entity Sunnyside 43-22 LLC paid $8.5 million to the entities including Jopin Realty LLC for the 70-unit residential elevator building (D1) at 43-22 45th Street in Sunnyside, Queens. The expected use is cash flowing. The deal closed on December 6, 2024 and was recorded on December 18, 2024. The property has 53,100 square feet of built space according to a PincusCo…
Terreno Realty Corporation through the entity Terreno 280 Richards LLC paid $156.2 million to Thor Equities through the entity 280 Richards Street LLC for the industrial building (E1) at 270 Richards Street, also known as 280 Richards Street, in Red Hook, Brooklyn. The expected use is cash flowing. Amazon is a tenant in the building. The deal closed on December 11, 2024 and was recorded…
New York Foundling through the entity The New York Foundling as borrower signed a refi loan with lender TD Bank valued at $15 million for the office condo at 590 Avenue Of The Americas in Chelsea, Manhattan. The deal closed on December 11, 2024 and was recorded on December 17, 2024. The prior lender was TD Bank which held debt that had an original loan…
Carlyle Group through the entity 22-22 Jackson Avenue Owner, L.L.C. as borrower signed a refi loan with lender Invesco through the entity Incref Investments Cb Seller, LLC valued at $49.5 million for the 175-unit residential elevator building (D8) at 22-22 Jackson Avenue in Long Island City, Queens. The deal closed on December 6, 2024 and was recorded on December 17, 2024. The prior lender was…
