Extell lands $417M loan for 570 Fifth Ave development
Gary Barnett secured another refinancing for his banner development at 570 Fifth Avenue JPMorgan Chase provided Extell Development with $417 million to refinance the project, PincusCo reported. The development site comprises more than a dozen properties assembled by the New York City skyline shaper
Jemal family trades Midwood home for $14M
The family behind real estate investment and management company JJ Operating Inc. sold a home in Midwood, Brooklyn, for a whopping $13.6 million. Samuel and Isaac Jemal sold a property at 1151 East Seventh Street to a buyer whose identity is shielded by a shell company, 18 Midwood Owner LLC, accord
Kaufman Astoria Studios draws pre-foreclosure suit
A lender is telling one of the city’s most iconic filming studios to pay up. Deutsche Bank has filed for foreclosure on the 500,000 square foot Kaufman Astoria Studios in Queens. The lender is claiming the borrower, a partnership tied to Hackman Capital, failed to pay back the loan by the November
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