AllianceBernstein

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AllianceBernstein NYC portfolio

$129.5 million* – condo 100%; Manhattan 100%, Bronx 0%

1006th largest portfolio by dollar value

100,305 sqft – condo 100%;

1933th largest by SF

29 properties – Manhattan 100%, Bronx 0%

348th largest

1 foreclosure, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $60.8 million

Lender company: 1 for $60 million

Top Ten Associated Companies:

Carlyle Group (1), Masterworks Development (1), RFR Holding (1)

Top Ten Associated People:

Jason Hart (1), Alvaro Bolivar (1), Aby Rosen (1)

Recent activity as company:

Carlyle Group sold 866 United Nations Plaza, 866 United Nations Plaza, 866 United Nations Plaza, 866 United Nations Plaza, 866 United Nations Plaza, and others, Turtle Bay, Manhattan for $60.8 million to AllianceBernstein on February 28, 2025.

Masterworks Development borrowed $60 million from AllianceBernstein for 451 Lexington Avenue, Grand Central, Manhattan on May 10, 2024.

United Investment Portugal borrowed $130 million from MSD Partners for 450 West 42nd Street, Hell’s Kitchen, Manhattan on January 26, 2023.

Sculptor Capital Management borrowed $116.2 million from Square Mile Capital Management for 43-10 23rd Street, Long Island City, Queens on September 12, 2022.

Denis Xhari and Vlash Pepa borrowed $20 million from Tideway Capital Group for 42 West 35th Street, Garment District, Manhattan on March 31, 2022.

Meadow Partners borrowed $0 from Capstone Equities for 40 West 35th Street, Garment District, Manhattan on February 24, 2022.

Park-It Management borrowed $6.2 million from Barclays for 866 United Nations Plaza, Midtown East, Manhattan on November 17, 2020.

Goldman Sachs borrowed $131 million from Square Mile Capital Management for 640 Columbia Street, Red Hook, Brooklyn on July 30, 2020.

RFR Holding borrowed $62 million from AllianceBernstein for 281 Park Avenue South, Gramercy, Manhattan on January 22, 2020.

Latest Stories:

• AllianceBernstein acquires 29 unsold commercial condos valued at $60.8M from Carlyle Group in Turtle Bay (March 03, 2025)

• United Investment Portugal signs $130M refi with Soros Fund Management for Hell’s Kitchen hotel (December 12, 2024)

• Masterworks Development signs $60M refi for hotel in Grand Central, up from $50M (May 13, 2024)

• United Investment Portugal signs $130M refi loan with MSD Partners for hotel in Hell’s Kitchen (January 27, 2023)

• Sculptor Capital signs $116.2M construction loan with Square Mile for office in Long Island City (September 13, 2022)

• CBRE fund pays $332M to DH Property, Goldman Sachs for Amazon-leased distribution center in Red Hook (July 15, 2022)

• Meadow Partners loses Gregory Hotel in foreclosure, Denis Xhari and Vlash Pepa pay $33.9M for referee deed (March 31, 2022)

• Capstone Equities buys $31M note at Meadow Partners’s Garment District hotel (February 25, 2022)

• Longfellow, Sculptor pay $92.5M to Columbia Property, Kassabian for office building in Long Island City (January 03, 2022)

• Michael Rudder, Park-It pay $9.5M to Carlyle Group for commercial condo in Midtown East (November 18, 2020)

Court Records:

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Properties:

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*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.

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