Bronx Buyers Snag Ponce Bank HQ Across From 6 Train For $16.25M
Ponce Bank’s flagship Bronx branch at 2244 Westchester Ave sold for $16.25M in early June, a 1031‑related purchase that underscores demand for net‑leased bank assets near transit.
Ridgewood Landlords Stuck With $375K Hit After Queens Judge Refuses Lifeline
A Queens Civil Court upheld a $375,000 judgment tied to housing and tenant-harassment claims at 1708 Summerfield St., denying owners' attempts to vacate the settlement.
Chelsea Arts Loft Handed Back To Bank In Cut-Rate $38 Million Deal
A six‑story Chelsea arts loft at 548 W. 28th was returned to its lender in a $38M bankruptcy sale, capping months of court filings and a lender push to enforce the sale. The outcome raises questions for galleries and studios inside the building.
Fifth Ave Pipe Feud Erupts Into Fraud Furor, Lawsuit Claims
Residents at 907 Fifth Avenue have sued their co‑op, alleging forged audit papers and years of opaque accounting after a protracted plumbing dispute. The complaint seeks damages and a retroactive accounting to 2019.
Rockaway Resurgence: $214 Million Deal Greenlights Edgemere Commons Tower
Tishman Speyer closed roughly $214M in financing to build a 300-unit affordable tower at Edgemere Commons in Far Rockaway, including supportive units and ground-floor retail. Construction is slated to start soon.
Stockbridge Drops Nearly $50 Million On Yorkville’s Grand Old Bank
Stockbridge bought the landmark Yorkville Bank building at 1511 Third Ave in a deal Crain's put at almost $50M. The fully leased Upper East Side storefronts are anchored by Gap and Equinox.












