Alchemy Properties
(Alchemy-ABR Investment Partners)
800 Third Avenue, 22nd Fl New York, NY 10022
People:
Alchemy Properties NYC portfolio
$801.2 million -specialty 42%, condo 29%, hotel 16%; Manhattan 100%*
276th largest portfolio by dollar value
627,041 sqft – hotel 30%, office 28%, condo 26%; Manhattan 100%
692th largest by SF
7 properties – Manhattan 100%
1379th largest
147 residential units – Manhattan 100%
1371th largest by residential units
1 foreclosure, 0 bankruptcies, 0 other court cases.
Notes
Alchemy Properties, Alchemy-ABR Investment Partners and Alchemy Ventures share common executives.
Company Activity past 24 months:
Buyer company: 3 for $34.2 million
Borrower company: 1 for $127.2 million
Developer (new building or major alteration): 1 for 160,633 square feet
Top Ten Associated Companies:
Helaba (1), New York Community Bank (1), Ready Capital (1), JPMorgan Chase (1), Signature Bank (1), Brolive Sisters LLC (1), Security Benefit Life Insurance Company (1), Rudra Pandey (1)
Top Ten Associated People:
Matthew P. Cullen (1), Simon B. Burce (1), Gregory Fantauzzi (1), Sandor Krauss (1), Michael D. Morici, Jr. (1)
Recent activity as company:
• Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners borrowed $127.2 million from Helaba for 1486 1 Avenue on February 26, 2026.
• Alchemy Properties for Joel Breitkopf filed plans for new building for 160,633 sqft in Lenox Hill, Manhattan, on November 25, 2024.
• Leona Horwitz sold 1486 1 Avenue for $20.8 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on August 28, 2024.
• Copperwood Real Estate sold 406 East 78 Street for $5.2 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on August 28, 2024.
• Parkoff Organization sold 1482 1 Avenue for $8.2 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on August 28, 2024.
• Alchemy Properties borrowed $57 million from Signature Bank for 211 East 43 Street on December 20, 2022.
• Alchemy Properties sold 378 West End Avenue, Upper West Side, Manhattan for $10.3 million to The buyer on July 06, 2022.
• Alchemy Properties sold 2 Park Place, Financial District, Manhattan for $19.5 million to The buyer on June 15, 2022.
• Alchemy Properties borrowed $19.8 million from New York Community Bank for 881 Dekalb Avenue on February 22, 2022.
• Alchemy Properties borrowed $230 million from JPMorgan Chase for 378 West End Avenue, 378 West End Avenue, 378 West End Avenue, 378 West End Avenue, 378 West End Avenue, and others, Upper West Side, Manhattan on February 16, 2022.
Latest Stories:
• $65M pre-foreclosure filed at Alchemy-ABR’s Grand Central office tower (October 17, 2025)
• Alchemy-ABR files plans for 86-unit building in Lenox Hill (November 27, 2024)
• Alchemy-ABR pays $34.2M for dev site, air rights, in Lenox Hill (September 09, 2024)
• RYCO Capital signs $78.7M refi for nine properties in Manhattan (March 21, 2024)
• Samuel Kooris of Alchemy Properties pays $9.4M for 16-unit rental in West Village (July 13, 2021)
• Alchemy, ABR pays $130M to Calvary Baptist in Midtown West (June 28, 2021)
Court Records:
Properties:
