AB & Sons Group
(AB & Sons)
Lender
25 West 36th Street 2nd Floor New York, NY 10018
People:
AB & Sons Group NYC portfolio
$469.3 million -industrial 33%, mixed-use 30%, specialty 28%; Manhattan 71%, Brooklyn 28%*
453th largest portfolio by dollar value
248,195 sqft – office 41%, mixed-use 38%, industrial 11%; Manhattan 91%, Brooklyn 8%
1333th largest by SF
5 properties – Manhattan 80%, Brooklyn 20%
1792th largest
547 residential units – Brooklyn 53%, Manhattan 46%
536th largest by residential units
2 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Borrower company: 3 for $129.4 million
Top Ten Associated Companies:
Wells Fargo (1), Morgan Stanley (1), Signature Bank (1), Maverick Real Estate Partners (1), Valley National Bank (1), Odiljon Tursunov (1), Bank of Montreal (1), New York Life Insurance Company (1), Webster Bank (1), H.I.G. Capital (1)
Top Ten Associated People:
Elizabeth Arato (1), Victor Brown (1), Oren Sapirstein (1), Russ Nazrisho (1), Michael S. Birajiclian (1), Lisa Bai (1), Michael Savarese (1), Michael Mestel (1)
Recent activity as company:
• Jay Group, AB & Sons Group and Jacob Aini borrowed $100.8 million from New York Life Insurance Company for 101 Fleet Place on July 10, 2025.
• AB & Sons Group borrowed $8.2 million from Morgan Stanley for 27 West 36 Street on February 03, 2025.
• AB & Sons Group and Jacob Aini borrowed $20.3 million from Webster Bank for 315 West 35 Street on December 30, 2024.
• Jay Group, AB & Sons Group and Jacob Aini borrowed $117 million from Bank of Montreal for 621 West 152 Street on April 02, 2024.
• Maverick Real Estate Partners on February 22, 2024 bought a loan with an original principal of $14.3 million from Blackstone Group, secured by 447 Broadway, when owned by AB & Sons.
• Jay Group, AB & Sons Group and Jacob Aini borrowed $81.6 million from H.I.G. Capital for 621 West 152 Street on April 03, 2023.
• Odiljon Tursunov borrowed $24 million from AB & Sons Group for 2065 Coney Island Avenue on December 15, 2022.
• AB & Sons Group sold 2065 Coney Island Avenue for $34 million to Odiljon Tursunov on December 15, 2022.
• AB & Sons borrowed $16.2 million from Signature Bank for 2065 Coney Island Avenue on September 29, 2022.
• Sioni Group, Eli Chetrit, Isaac Chetrit and AB & Sons borrowed $31 million from Valley National Bank for 989 Avenue Of The Americas and 993 Avenue Of The Americas, Garment District, Manhattan on July 28, 2022.
Latest Stories:
• Jack Aini signs $19M refi with Signature Bank for office in Penn Station (September 19, 2022)
Court Records:
Properties: