Chetrit gets $128M financing for Jamaica project

The Chetrit Group scored about $127.5 million in construction financing for its planned multifamily redevelopment of the Mary Immaculate Hospital site in Jamaica, sources told The Real Deal. Chetrit is planning a four-building complex at 150-13 89th Avenue in downtown Jamaica, with 324 apartments. The developer acquired the site, which offers more than 415,000 buildable […]

“Ring a ding ding boys”: Behind Chetrit’s Ring portfolio beef with Princeton Holdings

From left: Joseph Chetrit, 212 Fifth Avenue and Joseph Tabak On June 20, 2013, Joseph Chetrit was furious with Joe Tabak, chief of Princeton Holdings. “I am getting raped by you,” he wrote to Tabak. “I want to meet ASAP today.” Nearly a year earlier, the Chetrit Group had entered into a joint venture agreement […]