ABS Partners Real Estate
People:
ABS Partners Real Estate NYC portfolio
$119.1 million -office 58%, development 17%, mixed-use 9%; Manhattan 85%, Queens 14%*
1344th largest portfolio by dollar value
202,710 sqft – office 80%, industrial 9%, mixed-use 7%; Manhattan 69%, Queens 30%
1548th largest by SF
8 properties – Manhattan 62%, Queens 37%
1301th largest
0 foreclosures, 0 bankruptcies, 5 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $26.8 million
Borrower company: 1 for $8.5 million
Top Ten Associated Companies:
CubeSmart (1), TD Bank (1), 325 Exterior Street Associates LLC (1), Benenson Capital Partners (1), Cerco Funding (1), JPMorgan Chase (1)
Top Ten Associated People:
Jeffrey P. Foster (1), John Stroligo (1), Jennifer R. Lewin (1)
Recent activity as company:
• ABS Partners Real Estate borrowed $8.5 million from JPMorgan Chase for 409 Broadway on December 19, 2025.
• Steven Hornstock, Peter Burack and Kayden Family sold 409 Broadway for $9.6 million to ABS Partners Real Estate on December 19, 2025.
• Eric Duke ground leased 519 West 57 Street valued at $17.2 million to ABS Partners Real Estate and Modell Investment Team on October 22, 2025.
• ABS Partners Real Estate borrowed $16 million from TD Bank for 250 Canal Street on September 28, 2023.
• Brickman Associates sold 1501 Decatur Street for $12 million to ABS Partners Real Estate on March 31, 2022.
• ABS Partners Real Estate borrowed $23.5 million from Cerco Funding for 136 East 57 Street on March 08, 2022.
• Ronnie Stause sold 31-59 Steinway Street for $4.5 million to ABS Partners Real Estate on February 01, 2021.
• ABS Partners Real Estate sold 255 Exterior Street for $9.5 million to CubeSmart on July 20, 2020.
• ABS Partners Real Estate sold 325 Exterior Street for $36 million to 325 Exterior Street Associates LLC on October 28, 2019.
• ABS Partners Real Estate sold 147 East 57 Street for $0 to Benenson Capital Partners on June 27, 2019.
Latest Stories:
• CSC Real Estate pays $10M to Cerco Funding for office in Midtown East (March 09, 2026)
• AEW, ABS offer to turn over $42.77M Midtown East ground lease to lender Cerco (December 26, 2023)
• Verizon pays $74.7M to Lightstone Group for industrial in Mott Haven (January 07, 2022)
• ABS Partners Real Estate pays $4.5M for property in Astoria (February 15, 2021)
• Cubesmart pays $9.5M to ABS Partners for ground-leased warehouse in Mott Haven (August 03, 2020)
Court Records:
Properties: