Oved and Oved's Terrance and Darren Oved with The Astor Place Starbucks at 21 Astor Place (Getty, Oved and Oved, Google Maps)

When the Astor Place Starbucks closed in 2024 after nearly 30 years, it left a hole in a busy East Village commercial strip — and in the pocket of the Gindi family.

The value of the commercial condo at 21 Astor Place has dropped 72 percent in a decade, from $42 million to $11.7 million, according to Morningstar Credit. The owner, an entity connected to Isaac and Edward Gindi, is currently battling foreclosure.