Edward Minskoff sued for $138M over defaulted Dumbo loan
Corebridge Financial hit Edward J. Minskoff Equities with a $138 million pre-foreclosure suit on Friday. EJME defaulted on three mortgages tied to an 11-story office building at 29 Jay Street in Dumbo, Brooklyn, according to the lender. The note came due in November of 2024 and the maturity date wa
The Daily Dirt: Fuzzy math in Midtown South
The math around the Midtown South rezoning is confusing. Specifically, the adjustments that the City Council made ahead of approving the rezoning underscore just how slippery the housing projections that accompany major zoning changes can be. Were 141 potential housing units lost? Closer to 500? Or
Xin Capital scores $51M for Times Square buy
Xin Capital has nabbed a $51 million loan to acquire a fully-leased retail and office assemblage in Times Square. White Oak Real Estate Capital provided the senior secured loan for the purchase of Times Square West, a 144,500-square-foot property at 303 West 42nd Street and 300 West 43rd Street. The
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