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
Brodsky, Sorgente’s Flatiron Building conversion tops Manhattan luxury deals
The Flatiron Building conversion project has snagged its priciest inked deal yet. A buyer signed a contract last week to purchase the seventh floor of 175 Fifth Avenue, according to Olshan Realty’s weekly report. The unit, which asked $30.5 million, was initially planned as two separate apartments,
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