The Real Deal New York

Posts Tagged ‘lloyd goldman’

  • From left: Lloyd Goldman, president of BLDG, and 888 Lexington Avenue

    Property owner Lloyd Goldman is on a bit of a roll. He’s closed on or in contract to buy at least three small retail properties over the last four months in Manhattan and says there are more to come.

    Most recently Goldman, president of BLDG Management, which is one of the major commercial owners in the city, acquired the two-story commercial property at 888 Lexington Avenue on the corner of 65th Street Jan. 24 for $13.25 million from Allen Rosenberg’s struggling Alrose Group, city property records published yesterday show. [more]

  • 127 Seventh Avenue

    The heir to one of New York City’s great real estate fortunes is continuing to accumulate properties although recently focusing on modest-priced retail investments.

    Lloyd Goldman’s BLDG Acquisition is in contract to buy a retail condo at the Yves, a condominium at 127 Seventh Avenue at 18th Street with 2,064 square feet on the ground floor from the property’s developer, Ben Shaoul’s Magnum Real Estate Group, a document filed this past Friday with the city shows. [more]


  • From left: Investor Lloyd Goldman, the Chetrit brothers and 300 East 79th Street

    Real estate investor Lloyd Goldman is adding to his substantial holdings with the $10.5 million acquisition of the retail condominium at 300 East 79th Street from the building’s developer, the Chetrit Group.

    Goldman’s BLDG went into contract in August and closed on the purchase of the 5,976-square-foot unit Oct. 5, city records published yesterday show.

    The retail condo, with ground-floor and lower-level space and occupied by Capital One bank, is in the 34-unit, 18-story residential building at the corner of 79th Street and Second Avenue. The building was developed by the Chetrit Group and opened in 2008. [more]

  • Lloyd Goldman’s BLDG Management and Tavros Capital have teamed up to purchase the foreclosed condominium conversion site at 448-452 Broome Street, in the Soho Cast Iron Historic District, for $17 million. According to Eastern Consolidated, which brokered the sale, the two, mixed-use buildings were unloaded by Spanish lender Caixanova, which was “keen to dispose of [them] because a new era of regulatory scrutiny had been instituted in Spain.” Caixanova had seized the two loft properties, which contain a total of 12 rent-stabilized residential units and two commercial spaces, in 2009 from their original developers, who had picked them up for $23 million three years earlier. TRD [more]

  • Hiding in plain sight

    December 01, 2010 03:48PM
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    Jeff Sutton

    From the December issue: When asked last month about investor Jeff Sutton, a spokesperson for a major commercial brokerage innocently responded: “Who’s that?” The question is a telling one for someone who has in the last two decades built up a portfolio, mostly of New York City retail properties, that may be worth upward of $1 billion. While Sutton is well known to the small community of retail brokers, investment sales players and other high-level executives in the industry, what’s surprising is just how many people in New York City real estate don’t know him, or his company, Wharton Properties. [more]

  • Winick’s way

    May 03, 2010 03:11PM

    Jeff Winick

    From the May issue: Drugstore chain Duane Reade had a problem: A competitor was sniffing around a large space across the street from one of its best Midtown locations on Sixth Avenue near West 57th Street. Officials at the store enlisted its broker, Winick Realty Group, to take care of the situation.

    Several months later, not only had the competitor disappeared, but Duane Reade had taken that site at 100 West 57th Street for itself.

    That’s partly thanks to Winick Realty’s founder and CEO, Jeff Winick, who used back channels to help secure the site for the drugstore. Winick’s aggressive, take-no-prisoners style seems to win him accolades from clients but has created fierce enmity among his competition.

    That style has been on full display for the last few weeks in a federal courtroom in Lower Manhattan, where two former Duane Reade executives are on trial for fraudulently pumping up earnings reports, partly through allegedly bogus real estate transactions involving Winick. [more]

  • The quiet players

    September 11, 2009 10:09AM

    From the September issue: New York real estate might be known for its big personalities, but there are a host of owners and investors like Frank Ring who shun the spotlight.

    Some publicity-shy players are revered in the industry for having orchestrated some of the city’s biggest deals: Lloyd Goldman, Jeffrey Feil and Joseph Cayre, for example, are spoken of in reverential tones by commercial brokers as high-powered, big-money wheelers and dealers.

    Still others are the stuff of local legends. Families like the Moskowitzes and the Trenkmanns are known for being multi-generational kings of small neighborhoods.  [more]

  • Flying under the radar

    September 09, 2009 10:25AM

    From the September Issue: In the West 20s, the name “F.M. Ring Associates” is emblazoned on the
    sides of numerous buildings. The fading mural-like advertisements look
    like relics from a bygone era. Brokers say much of Ring’s valuable
    portfolio, most of which is in the prime neighborhoods of Gramercy,
    Chelsea and Flatiron, sits strangely empty. This month, The Real Deal looks at the mystery of the Ring family and profiles a host of big under-the-radar players in New York. more

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    Developers such as Lloyd Goldman, the Chetrit family and commercial broker Robert Knakal have recently opened their wallets as the citywide race for comptroller heats up, according to the most recent campaign finance documents filed last week. Brooklyn City Council member David Yassky took in the largest amount of contributions from real estate interests among the four major candidates for city comptroller, an analysis of the most recent reports from the city’s Campaign Finance Board, covering July 12 to August 10, by The Real Deal shows. But Yassky remains far behind Queens Council members Melinda Katz and John Liu in overall contributions, and is about tied with David Weprin, another Queens Council member. [more]