Witnick, Namdar, Gorjian buy 30 East 14th Street for $23.5M

West Village apartment building was at the center of two lawsuits

New York /
Jun.June 24, 2021 06:50 PM
30 East 14th Street (Google Maps)

30 East 14th Street (Google Maps)

The Dushey Family, who own the discount chain store Shoppers World, and the Dadon Family have sold a 20-unit apartment building in the West Village for $23.5 million.

The buyer is Witnick Real Estate Partners, Namdar Realty Group and Gorjian Real Estate Group, who took 60 percent, 30 percent and 10 percent ownership stakes in the building, respectively. They did not respond to requests for comment.

Long Island–based Namdar is best known for owning malls, having quietly assembled a huge portfolio of them across the country — some of them not in the best shape.

The West Village property, at 30 East 14th Street, is a walk-up apartment building above two commercial storefronts — GameStop and T-Mobile. It was purchased for $3 million in 1990 by Sion Dadon from Jack Dushey. The property was managed by the Jenel Management Corporation, which is owned and operated by the Dushey family. Samuel J. Dushey and David Dushey had a collective 10 percent ownership in the East 14th Street address.

The 20,901-square-foot property has been the subject of multiple lawsuits. In 2018, Triumph Property Group sued Sion Dadon’s son Shaul Dadon for allegedly stealing commissions from the brokerage. The brokerage firm was hired by Sion Dadon to market the West Village property; Shaul Dadon worked at Triumph Property Group as an agent.

A month later, Shaul Dadon sued his father for allegedly terminating his employment at Dadon Realty in retaliation for Shaul’s siding with his mother, Hana Dadon, in his parents’ divorce. Shaul Dadon also alleged that he owned a 39 percent stake in the East 14th Street building and his father was allegedly withholding his monthly ownership fees. Sion Dadon disputed all claims and alleged that his son was embezzling money from Dadon Realty Group.

Both lawsuits were settled in 2019.





    Related Articles

    arrow_forward_ios
    The rise of e-commerce, fueled by the pandemic, has created unprecedented demand for cardboard-producing facilities. (iStock)
    Cardboard demand could fuel an industrial real estate boom
    Cardboard demand could fuel an industrial real estate boom
    MSCI CEO Henry Fernandez and Real Capital Analytics founder Robert White (MSCI)
    MSCI to acquire Real Capital Analytics for $950M
    MSCI to acquire Real Capital Analytics for $950M
    Donald Trump and the Trump International Hotel & Tower in Chicago (Getty, iStock)
    Donald Trump is owed $1M tax refund on Chicago skyscraper
    Donald Trump is owed $1M tax refund on Chicago skyscraper
    From left: One WTC, Douglas Durst, Donald and Steven Newhouse (iStock, Getty)
    Condé Nast pays back rent at One WTC, ending standoff with Durst
    Condé Nast pays back rent at One WTC, ending standoff with Durst
    Floor & Decor CEO Thomas Taylor and 4 Henry St in Commack (Floor & Decor and Google Maps)
    Floor & Decor moving into site of shuttered Target in Commack
    Floor & Decor moving into site of shuttered Target in Commack
    Anderson Cooper is selling the apartment of his late mother Gloria Vanderbilt (Getty, Corcoran)
    Gloria Vanderbilt’s Beekman Place apartment lists for $1.1M
    Gloria Vanderbilt’s Beekman Place apartment lists for $1.1M
    Mayor Steven Fulop (Getty, iStock)
    Jersey City to provide up to $10K more rent relief per tenant
    Jersey City to provide up to $10K more rent relief per tenant
    Atlas Hospitality Managing Member Raj Guru and Vinod Chand with 711 Seventh Avenue (Atlas, Google Maps)
    Atlas plans 401-room hotel at 711 Seventh Avenue
    Atlas plans 401-room hotel at 711 Seventh Avenue
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...