Page 2 - Greg Corbin News Today

Late last month, the Fifth Avenue landmark’s former owners lost their deed to deep-pocketed challenger Jacob Garlick, who flaked out on paying his deposit. 

Rosewood Realty has arranged the $5.4 million sale of a three-building mixed-use bankruptcy portfolio on the busy retail corridor of 5th Avenue in Sunset Park, Brooklyn.   The four-story buildings at 4811, 5505, 5507 Fifth Avenue were sold under a plan of reorganization at $292 a square foot, by Rosewood’s Greg Corbin and Chaya Milworn who represented both sides of the...

Patience pays off for Chris Okada in Midtown South; Treetop enters the southeast industrial market; and a ramen shop buys its building in DC.

Eli Karp’s development firm Hello Living risks losing its portfolio after a judge ruled in favor of its lender, Madison Realty Capital.

Developer’s last-ditch plan to save Irvington, New York luxury condo site has ended and its lenders are taking over the property.

Lender Aulder Holdings filed a notice for a UCC foreclosure sale for the interests in a 37-unit multifamily assemblage owned by Ruben Azrak.

Recent commercial real estate transactions in New York.

Maverick Real Estate Partners principal David Aviram and the buildings to be sold. (Rosewood Realty Group) The lengthy saga between lender Maverick Real Estate Partners and landlord Chaskiel Strulovitch could be nearing an end. Of Strulovitch’s 31-building portfolio, 13 properties are up for sale while loans on the rest of the portfolio are either being reinstated or paid off, according to David Goldwasser, the chief restructuring officer handling the Chapter 11 bankruptcy. The dispute, which...

Share via Shortlink Development site for Marker 27. (Marketing materials from Rosewood Realty Group obtained by The Real Deal / Drone Photo by Frank Galasso, Vertical Media)   Westchester County developer DeNardo Capital filed for Chapter 11 bankruptcy Tuesday, stopping a planned foreclosure auction on its luxury condo project. Greenwich, Connecticut–based SilverPoint Capital was planning a UCC foreclosure sale on interests in the Marker 27 project in Irvington, New York. The sale wa...

An Upper East Side building with a storied past is about to hit the market. The 35-foot-wide property at 51-53 East 73rd Street, which was owned by Grace Kelly before she became European royalty, is slated to list next month. Built in the 1880s, the building is between Park and Madison avenues, two blocks from Central Park. Until recently, the property was split between rental apartments and medical offices, though all tenants have been gone since a year ago. Greg Corbin of Rosewood Realty Grou...