In the News

JDS Development Group Secures $137 Million Construction Financing From Madison Realty Capital for Distinctive Miami Beach Condominium Monad Terrace

April 24th, 2018

New York-based Madison Realty Capital Provides Final Funding for Pritzker Prize-Winner Jean Nouvel’s First Built Work in Miami  MIAMI , April 24, 2018 (GLOBE NEWSWIRE) — New York-based Madison Realty Capital has provided a $137 million construction loan to New York-based JDS Development Group for Monad Terrace. The deal indicates conviction in the development team, […]

> Continue Reading

Ashkenazy adds Grosvenor House to collection of icons

July 10th, 2017

AS SEEN IN WWW.BUSINESSWIRE.COM by HUI-YONG YU US property investor that recently bought a stake in New York’s Plaza Hotel has acquired the Grosvenor House Hotel in London. Seattle — Ashkenazy Acquisition, the US property investor that recently bought a stake in New York’s Plaza Hotel, has acquired the Grosvenor House Hotel in London, helping […]

> Continue Reading

Shorewood, Prodigy land $105M loan package for FiDi project – 17 John Street to include co-working space, short term rentals

September 16th, 2016

By Konrad Putzier – AS SEEN IN THE REAL DEAL   Matthew Klein, Esq., of Kriss & Feuerstein LLP represented the borrower in this transaction. Shorewood Real Estate Group and Prodigy Network landed $105 million in construction financing for their mixed-use development at 17 John Street. The package consists of two loans — a $66 million mortgage […]

> Continue Reading

Ashkenazy buys Nylo hotel on UWS for $140M-plus

June 28th, 2016

By Mark Maurer – AS SEEN IN THE REAL DEAL Kriss & Feuerstein LLP represented Ashkenazy Acquisition Corp. in the acquisition and financing. Ashkenazy Acquisition Corp. picked up the Nylo New York City Hotel on the Upper West Side for north of $140 million, or about $500,000 per key, sources told The Real Deal. The seller, a […]

> Continue Reading

Bluestone, Altmark nab Bronx factory building for $44M

February 2nd, 2016

By Katherine Clarke – AS SEEN IN THE REAL DEAL A joint venture between Eli Tabak’s Bluestone Group and the Altmark Group has purchased a 235,584-square-foot industrial factory building in the Bronx for $44 million, sources told The Real Deal. The property, at 825 East 141st Street, had been owned by the National Equipment Corporation out of […]

> Continue Reading

MoFo, Kriss Feuerstein Guide $81M Loan For Korman Property

January 12th, 2016

As seen in Law360, by By Andrew McIntyre Morrison & Foerster LLPrepresented Canadian Imperial Bank of Commerce in its $81 million loan for a Korman Communities New York residential property, a deal Kriss & Feuerstein LLP worked on as counsel to the borrower. Public records filed in New York on Monday show the financing is […]

> Continue Reading

Ralph and David Sitt buy 820 Madison for $47M – Brothers paid just under $7,000 psf for the D&G Kids-leased building

December 4th, 2015

By Ariel Stulberg – AS SEEN IN THE REAL DEAL Status Capital, headed by Ralph and David Sitt, bought the retail and office building at 820 Madison avenue, paying almost $7,000 per square foot. Duell Management Systems sold the five-story, 6,700-square-foot property between East 68th and East 69th Street in Lenox Hill. A Dolce & Gabbana children’s […]

> Continue Reading

Morgan Stanley buys Soho retail building for $70M

October 28th, 2015

Sitt and Centurion Realty paid $32.5M for 113 Spring Street in 2012 Morgan Stanley Real Estate Investing bought the retail and office building 113 Spring Street in Soho for $70 million, sources told The Real Deal, paying more than double what the sellers laid out when they acquired it in 2012. Ralph Sitt’s Status Capital […]

> Continue Reading

Ashkenazy inks $400M deal for Avalon Chrystie Place

October 28th, 2015

By Lois Weiss – AS SEEN IN THE NEW YORK POST Ashkenazy Acquisition Corp. has signed a contract to buy Avalon Chrystie Place for just under $400 million. We’ve learned the active acquirers, led by Ben Ashkenazy and Michael Alpert, are the winners of the sought-after retail and apartment complex at Houston and The Bowery […]

> Continue Reading

Blender is like WeWork but for the culture crowd – A new entrant into the shared-office industry aims for upscale.

October 21st, 2015

By Matthew Flamm – AS SEEN IN CRAIN’S NEW YORK Kriss & Feuerstein LLP served as counsel to the tenant in this matter. Blender co-founders Amro Qaddura and Scott Sassoon will transform this floor at 135 Madison Ave. into an upscale co-working space. For the nine months that Jeffrey Fidelman headed investor relations for a […]

> Continue Reading

Next Page »