hidrock realty


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Hidrock CEO Abraham Hidary, 54 Madison CEO Henry Silverman and a rendering of 12 East 48th Street (Credit: 54 Madison Partners)

Not over yet: Hidrock sues over auction of Midtown hotel project

Hidrock Properties isn’t done fighting for its Midtown hotel project, which its mezzanine lender was approved to foreclose on...

Not over yet: Hidrock sues over auction of Midtown hotel project
Photo illustration of Hidrock CEO Abraham Hidary, 54 Madison CEO Henry Silverman and 12 East 48th Street (Credit: 54 Madison Partners, iStock)

Judge green-lights mezzanine foreclosure of Hidrock’s Midtown hotel project

New York state’s coronavirus foreclosure ban does not apply to mezzanine loans, a judge has ruled, putting to rest...

Judge green-lights mezzanine foreclosure of Hidrock’s Midtown hotel project
Hidrock CEO Abraham Hidary, 54 Madison CEO Henry Silverman and a rendering of 12 East 48th Street (Credit: 54 Madison Partners)

“Shameless”: Suit claims lender uses pandemic to rig foreclosure

The mezzanine lender on a Midtown hotel development tried to take advantage of social distancing rules to rig a...

“Shameless”: Suit claims lender uses pandemic to rig foreclosure
RedSky’s Ben Bernstein and 182 Flatbush Ave (Credit: Google Maps)

RedSky sells building across from Barclays Center as partner liquidates holdings

RedSky Capital sold one of its Brooklyn retail properties as its publicly listed partner looks to shed assets and...

RedSky sells building across from Barclays Center as partner liquidates holdings
Hidrock CEO Abraham Hidary and 72 Nassau Street (Credit: Hidrock and Google Maps)

Hidrock buys FiDi dev site from former Helmsley partner

The estate of one of Harry Helmsley’s partners has unloaded the last piece of its Lower Manhattan portfolio. Baldwin...

Hidrock buys FiDi dev site from former Helmsley partner
Hidrock seeking up to $1,100 a foot with Garment District office condo conversion

Hidrock seeking up to $1,100 a foot with Garment District office condo conversion

Hidrock Properties is planning a conversion of a 12-story loft building in the Garment District to office condominiums. The...

Hidrock seeking up to $1,100 a foot with Garment District office condo conversion
Hidrock pays $41M for FiDi package that could give way to resi development

Hidrock pays $41M for FiDi package that could give way to resi development

Hidrock Properties bought a development site and a six-story residential property in the Financial District for $41 million. The...

Hidrock pays $41M for FiDi package that could give way to resi development
Hidrock picks up Lower Manhattan development site for $38M

Hidrock picks up Lower Manhattan development site for $38M

Hidrock Properties bought a development site just south of the World Trade Center for $38 million, property records show....

Hidrock picks up Lower Manhattan development site for $38M
Landmarks approves Hidrock’s restoration plans for site next to Park Slope cinema

Landmarks approves Hidrock’s restoration plans for site next to Park Slope cinema

The Landmarks Preservation Commission has approved Hidrock Properties’ plans for their Park Slope site next to the closed Pavilion...

Landmarks approves Hidrock’s restoration plans for site next to Park Slope cinema
El-Gamal claims Hidrock used insider info to “usurp” Dream Hotel site

El-Gamal claims Hidrock used insider info to “usurp” Dream Hotel site

Sharif El-Gamal wants a judge to step in and block Colony Capital from selling the debt on his Dream Hotel...

El-Gamal claims Hidrock used insider info to “usurp” Dream Hotel site
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