Despite reportedly losing an $80,000 set of dentures at a Jersey Mike’s in Linden, New Jersey, former Major League Baseball player Lenny Dykstra still has a soft spot for restaurants. So much so that the former New York Mets and Philadelphia Phillies center fielder nicknamed “Nails” has teamed up with Michael Perlman, founder of the Rego-Forest Preservation Council, and Manhattan-based real estate lawyer Ronald Hariri to try and move the Shalimar Diner from its former […]
Here are the details on New York’s investment deals that traded within the $20 million to $30 million range, according to property records filed last week with the city’s Department of Finance. 1.) The Radha Soami Society Beas-America parted with 11-40 45th Road in Long Island City — a two-story commercial building — for just over $26 million. The site, which has an alternate address of 11-36 46th Avenue, is a study center for the […]
UPDATE Monday, June 24, 2019, 7:25 p.m.: Eran Polack’s HAP Investments closed on a $55 million refinancing of a rental building in East Harlem less than a week after sweeping rent regulation reform was passed by the state legislature. Asia Capital Real Estate, a private investment firm that claims on its website to manage “discretionary capital” for family offices and institutional investors, issued the two-year loan at a variable rate of LIBOR plus 3.25 percent, […]
Queens sales dominated this week’s mid-market investment sales, according to property records filed with the city’s Department of Finance. 1.) In the Oakland Gardens neighborhood of Queens, an office building traded for about $14.7 million. Seller Jacaroga LLC, managed by Benhad Manager, Inc., has held the two-story property at 61-56 Springfield Blvd., which sits at the corner of 64th Avenue, for decades. The buyer in the most recent transaction was Jackson 13-Lee 74 LLC, controlled […]