Aronov Development

(Aronov Group, JRJ Metro)

43 W 47th St #203 New York, NY 10036

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$82.9 million -hotel 71%, RK 19%, retail 9%; Manhattan 90%, Queens 9%*

1671th largest portfolio by dollar value

127,661 sqft – hotel 78%, RK 10%, retail 10%; Manhattan 89%, Queens 10%

2054th largest by SF

3 properties – Manhattan 66%, Queens 33%

2747th largest

Buyer company: 2 for $60.7 million

Seller company: 1 for $53 million

Borrower company: 1 for $12 million

Lender company: 1 for $0

• Khedouri Associates sold None for $7.7 million to Aronov Development on January 20, 2026.

• Aronov Development borrowed $12 million from CTBC Bank for 62 West 47th Street, Midtown West, Manhattan on August 21, 2025.

• Aronov Development on June 25, 2025 bought a loan with an original principal of $44.5 million from Yellowstone Real Estate Investments, signed by Isaac Hera, secured by 59 West 46 Street, when owned by Paramdeep Singh.

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