Happy Halloween from everyone at The Real Deal. In honor of this weekend’s festivities, we thought we’d fill you in on some properties in the city that are said to be haunted. And, perhaps worryingly for commercial mortgage-backed security investors, they’ve also been securitized.
The folks at CMBS and commercial real estate research firm Trepp have compiled a list of supposedly ghoulish properties that have served as collateral for bonds. Leading is the iconic Radio City Music Hall at 1260 Sixth Avenue in Midtown, which was opened by theater producer and entrepreneur Samuel “Roxy” Rothafel in 1931.
Rothafel died shortly after in 1936, and since then there have been reports of disturbances in his private apartment at the theater. Ushers have also reported finding Rothafel’s old seat at Radio City down at the end of the night after a show – after all of the seats have been put up. The venue is the largest tenant behind the $1.6 billion Rockefeller Center loan.
Then there’s the famed Dakota on Central Park West, which once served as collateral for a CMBS loan that closed out in April. The famed apartment complex, built in 1880, was the set of the film “Rosemary’s Baby” and the site of John Lennon’s murder in 1980, and residents have long reported disturbances – including ghost sightings.
Not far from the Dakota is the Ansonia condo building at 2109 Broadway, which is also over a century old and contains three ground-floor retail tenants. Residents claim to have seen ghosts throughout the building, while employees of an American Apparel that once occupied one of the retail spaces also reported unusual activities in the store. The Ansonia served as collateral for a CMBS loan that was disposed in September.
Despite their allegedly haunted status, Trepp notes that loan performance at these properties has not been affected. But you never know. Have a fun and safe Halloween – and if you’re looking for a chill, easygoing evening, stay away from Gowanus. [Trepp] – Rey Mashayekhi