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Klosed Properties

Rent-stabilized Building Sells At 97% Below Pre-2019 Value
New York
Feb 25, 2025

Rent-stabilized building sells for $285K — a 97% value cut

Shocking discount points to depths of rent-stabilized distress
Nightingale loses one of last Manhattan properties
New York
Nov 12, 2024

Nightingale loses one of last Manhattan properties

Namdar, Klosed Properties buying ground lease for $10M
Nightingale Sued Over $30M Loan at 20 East 46th Street
New York
Nov 20, 2023

Elie Schwartz’s Nightingale defaults on $30M loan in Midtown: lender

Namdar, Klosed bought debt backing office property in August