New York

Rabbi Pinto’s West Side synagogue site hits the market

Heritage at Trump Place unit owned, listed by Keller Williams New York founder Ilan Bracha

From left: Rabbi Pinto, <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/240-Riverside-Boulevard-New-York-NY-10069/1011717503-0" target="_blank" data-address="240%20Riverside%20Boulevard%2C%20New%20York" data-label="240%20Riverside%20Boulevard" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F240-Riverside-Boulevard-New-York-NY-10069%2F1011717503-0" data-bbl="1011717503" data-blockValue="01171" data-lotValue="7503" data-zipcode="10069" data-bldgArea="322%2C451" data-bldgDepth="0" data-bldgFront="0" data-landUse="Mixed%20resi%20%26%20comm%20buildings" data-lotArea="29%2C770" data-lotFront="289.99" data-lotDepth="212" data-retailArea="0" data-resArea="276%2C505" data-officeArea="2%2C761" data-garageArea="40%2C065" data-strgeArea="3%2C120" data-factryArea="0" data-otherArea="0" data-bldgClass="R0" data-primaryZoning="R10" data-commercialOverlay="C2-5" data-far="10" data-buildable="297%2C700" data-airRights="-24%2C709" data-propertyNeighborhood="Lincoln%20Square" data-latitude="40.7803062244084" data-longitude="-73.9869264880356" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F240-Riverside-Boulevard-New-York-NY-10069%5C%2F1011717503-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F240-Riverside-Boulevard-New-York-NY-10069%5C%2F1011717503-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">240 Riverside Boulevard</a> and Ilan Bracha

From left: Rabbi Pinto, 240 Riverside Boulevard and Ilan Bracha

The planned home of Rabbi Yishayahu Yosef Pinto’s Shuva Israel West Synagogue is now back on the market for $1.75 million.

Ilan Bracha, founder of Keller Williams New York, has the 240 Riverside Boulevard listing. The 2,786-square-foot space, which includes a private entrance on 72nd Street, was the planned home of Shuva Israel West Synagogue.

B+B Investment Group, an entity co-founded by Bracha and Haim Binstock, bought the ground-floor space for $1.65 million in 2008 and planned to donate it to Rabbi Pinto, according to the New York Observer. But a series of setbacks hindered the plan, such as a condo board judgement against Bracha in Binstock in 2010 for allegedly failing to pay common charges, interest and other fees. Bank of America then initiated $1.2 million in foreclosure proceedings against Bracha, Binstock and Rabbi Pinto in May 2011.

Pinto may soon also lose his East Side synagogue at 122 East 58th Street, as Manhattan-based private equity firm Corigin Real Estate Group filed to foreclose on $20 million in loans on the property last week, as The Real Deal reported. [NYO]Julie Strickland

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New York

Rabbi Pinto’s West Side synagogue site hits the market

Heritage at Trump Place unit owned, listed by Keller Williams New York founder Ilan Bracha

From left: Rabbi Pinto, <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/240-Riverside-Boulevard-New-York-NY-10069/1011717503-0" target="_blank" data-address="240%20Riverside%20Boulevard%2C%20New%20York" data-label="240%20Riverside%20Boulevard" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F240-Riverside-Boulevard-New-York-NY-10069%2F1011717503-0" data-bbl="1011717503" data-blockValue="01171" data-lotValue="7503" data-zipcode="10069" data-bldgArea="322%2C451" data-bldgDepth="0" data-bldgFront="0" data-landUse="Mixed%20resi%20%26%20comm%20buildings" data-lotArea="29%2C770" data-lotFront="289.99" data-lotDepth="212" data-retailArea="0" data-resArea="276%2C505" data-officeArea="2%2C761" data-garageArea="40%2C065" data-strgeArea="3%2C120" data-factryArea="0" data-otherArea="0" data-bldgClass="R0" data-primaryZoning="R10" data-commercialOverlay="C2-5" data-far="10" data-buildable="297%2C700" data-airRights="-24%2C709" data-propertyNeighborhood="Lincoln%20Square" data-latitude="40.7803062244084" data-longitude="-73.9869264880356" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F240-Riverside-Boulevard-New-York-NY-10069%5C%2F1011717503-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F240-Riverside-Boulevard-New-York-NY-10069%5C%2F1011717503-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">240 Riverside Boulevard</a> and Ilan Bracha

From left: Rabbi Pinto, 240 Riverside Boulevard and Ilan Bracha

The planned home of Rabbi Yishayahu Yosef Pinto’s Shuva Israel West Synagogue is now back on the market for $1.75 million.

Ilan Bracha, founder of Keller Williams New York, has the 240 Riverside Boulevard listing. The 2,786-square-foot space, which includes a private entrance on 72nd Street, was the planned home of Shuva Israel West Synagogue.

B+B Investment Group, an entity co-founded by Bracha and Haim Binstock, bought the ground-floor space for $1.65 million in 2008 and planned to donate it to Rabbi Pinto, according to the New York Observer. But a series of setbacks hindered the plan, such as a condo board judgement against Bracha in Binstock in 2010 for allegedly failing to pay common charges, interest and other fees. Bank of America then initiated $1.2 million in foreclosure proceedings against Bracha, Binstock and Rabbi Pinto in May 2011.

Pinto may soon also lose his East Side synagogue at 122 East 58th Street, as Manhattan-based private equity firm Corigin Real Estate Group filed to foreclose on $20 million in loans on the property last week, as The Real Deal reported. [NYO]Julie Strickland

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