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Chetrits Refinance Amid Legal Storm | Real Estate News
The Chetrit Group just secured an $80 million refinancing for a massive 588,000-square-foot warehouse in Maspeth, Queens, with Maxim Capital Group and SL Green leading the deal — a major win amid a storm of legal and financial troubles. The family, who’ve owned the property since 1994, are replacing an old UBS loan and dodging a $132 million judgment against Meyer Chetrit, who’s also facing tenant harassment charges and a Manhattan office tower in special servicing. This refinancing is a bold move — but the Chetrits are still navigating serious legal and financial headwinds. Listen in…
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