RJ Capital refinances luxury rentals in Rego Park

December 9, 2025 / no comments

RJ Capital Holding has secured refinancing for a prized residential property in Queens’ Rego Park neighborhood, just nine months after opening its doors. Benefit Street Partners provided RJ Capital with an $84 million loan for the Trylon Tower at 98-81 Queens Boulevard, the Commercial Observer reported. Newmark’s Jordan Roeschlaub, Daniel Fromm and Sam Speciale arranged the debt. The 16-story, 170-unit development opened in March, featuring one- to three-bedroom apartments. The property has six units available, according to StreetEasy, ranging from a $3,200 one-bedroom unit to a $5,600 two-bedroom spread. There are 60 affordable units within the complex, built with the […]

This article originally appeared on The Real Deal. Click here to read the full story.

Jeff Sutton flips “Friends” building for $33M

December 9, 2025 / no comments

Rachel, Monica, Joey and Chandler have a new landlord. An international investor has snapped up the West Village apartment building used as the exterior for the TV show “Friends.” Jeff Sutton’s Wharton Properties sold the six-story building at 90 Bedford Street for $32.7 million in an off-market deal, The Real Deal has learned. Baseline Real Estate Advisors’ Michael Sherman brokered the transaction.  Sutton bought the building in February 2024 for $18.25 million, according to property records. He extensively renovated most of the 21 apartments, which are fully leased. A two-bedroom rented in July for $8,500, per StreetEasy. The famed property, […]

This article originally appeared on The Real Deal. Click here to read the full story.