Michael Namer of Alfa and the Meatpacking site

A legal dispute with the landlord of a Meatpacking District walk-up is preventing Flatiron-based Alfa Development from beginning construction on its latest project, an 11-story residential tower at 245 West 14th Street, according to court records.

Alfa, the developer behind condominium projects such as the Zachary at 125 East 12th Street and Chelsea Green at 151 West 21st Street, petitioned a judge in New York State Supreme Court on Wednesday to order the owner of the adjacent property to grant the company access. [more]

Michael Namer and 34 E. 32nd St.

Alfa Development picked up the Hotel Grand Union in Midtown South for $28.6 million, or just under $320,000 per room, Crain’s reported.

Although Alfa does not plan to change the branding of the 90-room hotel, the company has enlisted Marshall Hotels & Resorts to manage the property. Alfa also plans to upgrade the hotel’s booking software and is considering renovations to the rooms and lobby. [more]

151 Wooster (inset: Matthew Marshall of Marshall Real Estate)

The retail space at the base of a luxury loft development in Soho has traded for $25 million, the broker handling the transaction told The Real Deal.

Investor Yaron Jacobi nabbed the basement and first two floors of 151 Wooster, just south of Houston, in an off-market deal, according to Matthew Marshall, of Marshall Real Estate, who brokered the transaction for both seller and buyer. [more]

From left: Alfa CEO Michael Namer, the site at 117-119 West 21st Street (credit: PropertyShark) and David Schechtman of Eastern Consolidated

Alfa Development is in contract to buy a development site in Chelsea for $12 million, pending the approval of bankruptcy court, Crain’s reported. The site is located at 117-119 West 21st Street, between Sixth and Seventh avenues, and used to be a Hershey factory.

Alfa is now in a “stalking horse” contract to close on the nearly 19,000-square-foot property in an all-cash deal, though a better offer could come at an early November auction sale. As it currently stands, the property is a vacant four-story warehouse and Alfa entered contract in early September. [more]

A rendering of Chelsea Green

The developers of the 51-unit Chelsea Green condominium are scheduled to face off in state Supreme Court on Wednesday with a landlord and professional photographer who claims her five-story property is being damaged by debris from the adjacent construction site.

Lili Almog, photojournalist and owner of 145 West 21st Street filed suit on Sept. 17 against Alfa Development, alleging that beginning last year, her building’s roof and chimney was hit by debris from demolition work at the site and that the basement — the location of her art studio — has been damaged by mold and leaking water from the site. She is seeking temporary restraining order and more than $4 million in damages. [more]