Adams & Company

People:

Adams & Company NYC portfolio

Company Activity past 24 months:

Buyer company: 4 for $94 million

Borrower company: 5 for $113.8 million

Top Ten Associated Companies:

Rockrose Development (5), Apple Bank for Savings (4), Rothenberg Family (1), Customers Bank (1), Laurie Kayden (1), Kofler Associates (1), Lincoln Life & Annuity Company of New York (1), Equity Resource Investments (1)

Top Ten Associated People:

Edward H. Traum (4), Cynthia Wang (3), Nancy Rothenberg (1), Jonathan Blau (1), Jonathan H. Lieblich (1), Andrew J. Tunick (1), Stephanie Feld (1), Mark S. Thompson (1), Ted Traum (1)

Recent activity as company:

• Adams & Company borrowed $6 million from Customers Bank for 110 West 40th Street, Garment District, Manhattan on April 10, 2025.

• Adams & Company borrowed $48 million from Apple Bank for Savings for 1115 Broadway, Flatiron District, Manhattan on August 23, 2023.

• Rockrose Development sold 1115 Broadway, Flatiron District, Manhattan for $43.6 million to Adams & Company on August 23, 2023.

• Adams & Company borrowed $17.3 million from Apple Bank for Savings for 4 Bryant Park, Garment District, Manhattan on August 08, 2023.

• Rockrose Development sold 4 Bryant Park, Garment District, Manhattan for $16.5 million to Adams & Company on August 08, 2023.

• Adams & Company borrowed $6.5 million from Apple Bank for Savings for 121 East 24th Street, Flatiron District, Manhattan on August 03, 2023.

• Rockrose Development sold 121 East 24th Street, Flatiron District, Manhattan for $5.8 million to Adams & Company on August 03, 2023.

• Adams & Company borrowed $36 million from Apple Bank for Savings for 47 West 17th Street, Flatiron District, Manhattan on July 25, 2023.

• Rockrose Development sold 47 West 17th Street, Flatiron District, Manhattan for $28.1 million to Adams & Company on July 25, 2023.

• Rothenberg Family sold 1071 Avenue Of The Amer, Garment District, Manhattan for $7 million to Adams & Company on February 01, 2022.

Latest Stories:

• Adams & Company pays $43.6M to Rockrose for small stake in office in Flatiron District (August 24, 2023)

• Adams & Company pays $5.8M to Rockrose for 13% stake in office in Flatiron District (August 04, 2023)

• Adams & Company pays $28.1M to Rockrose for minority stakes in Flatiron District office building (July 26, 2023)

• Adams & Company pays $20.2M for 16% stake in Garment District building, puts value at $124M (January 28, 2022)

• Rockrose pays $148.2M to Adams & Company investors for just over 50% of NoMad office (January 07, 2022)

• Adams & Co. affiliate pays $4M to Kofler Associates for a stake in property in Flatiron (November 19, 2020)

• Adams & Company borrows $30M from Lincoln Life & Annuity to refi office property in Garment District (April 02, 2020)

• Anonymous buyer pays $26M for 12% stake in 1115 Broadway in Flatiron (March 23, 2020)

• anonymous buyer pays $40.6M for stake in Flatiron building where Rockrose has bought stakes (March 20, 2020)

• Small stakes in Adams & Company building in Flatiron where Rockrose bought interest sell to two entities for $9.75M (November 13, 2019)

Court Records:

Properties:

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.