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%*
475th largest portfolio by dollar value
248,195 sqft – office 41%, mixed-use 38%, industrial 11%; Manhattan 91%, Brooklyn 8%
1373th largest by SF
5 properties – Manhattan 80%, Brooklyn 20%
1864th largest
547 residential units – Brooklyn 53%, Manhattan 46%
550th 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:
Maverick Real Estate Partners (1), Odiljon Tursunov (1), New York Life Insurance Company (1), Webster Bank (1), Bank of Montreal (1), Valley National Bank (1), H.I.G. Capital (1), Wells Fargo (1), Signature Bank (1), Morgan Stanley (1)
Top Ten Associated People:
Russ Nazrisho (1), Lisa Bai (1), Michael Savarese (1), Michael S. Birajiclian (1), Victor Brown (1), Oren Sapirstein (1), Michael Mestel (1), Elizabeth Arato (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.
• AB & Sons Group sold 2065 Coney Island Avenue for $34 million to Odiljon Tursunov on December 15, 2022.
• Odiljon Tursunov borrowed $24 million from AB & Sons Group for 2065 Coney Island Avenue 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.
• AB Capstone sold 2073 Coney Island Avenue for $18 million to AB & Sons Group on November 30, 2021.
• AB & Sons Group borrowed $106.5 million from Wells Fargo for 548 Broadway on March 12, 2021.
Latest Stories:
• Jack Aini signs $19M refi with Signature Bank for office in Penn Station (September 19, 2022)
Court Records:
Properties: