Artifact

(Artifact Real Estate Development Company)

1867 Amsterdam Ave New York, NY 10031

People:

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Artifact NYC portfolio

$247 million -D6 46%, mixed-use 13%, specialty 13%; Manhattan 100%*

827th largest portfolio by dollar value

135,240 sqft – industrial 30%, mixed-use 24%, elevator 12%; Manhattan 100%

1976th largest by SF

18 properties – Manhattan 100%

554th largest

276 residential units – Manhattan 100%

895th largest by residential units

350 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 4 for $22.7 million

Borrower company: 9 for $250.3 million

Top Ten Associated People:

Candice Shih (3), Scott Sawyer (2), Michael K. Meyer (1), Aaron Krawitz (1), Yvonne Gruenberg (1)

Recent activity as company:

• Artifact borrowed $14.4 million from Genesis Capital for 230 Broome Street on March 26, 2026.

• Soft Stone Development and Eisner Bros. sold 230 Broome Street for $17.8 million to Artifact on March 26, 2026.

• Artifact and Ashok Khubani borrowed $38.2 million from Genesis Capital for 1865 Amsterdam Avenue on March 03, 2026.

• Artifact and Ashok Khubani borrowed $85.5 million from Genesis Capital for 636 West 158 Street on February 18, 2026.

• Xiaoqian Qiu and Peiling Wu sold 467 West 147 Street for $1.6 million to Artifact on May 27, 2025.

• Artifact borrowed $3 million from Genesis Capital for 698 Riverside Drive on May 27, 2025.

• Artifact borrowed $2.9 million from Genesis Capital for 546 West 148 Street on May 27, 2025.

• Artifact borrowed $3 million from Genesis Capital for 467 West 147 Street on May 27, 2025.

• Laurence R. Fox sold 698 Riverside Drive for $2 million to Artifact on May 27, 2025.

• Steven Robert Triebes sold 546 West 148 Street for $1.4 million to Artifact on May 27, 2025.

Latest Stories:

• Artifact pays $17.8M to Soft Stone, Eisner Bros. for LES dev site (April 09, 2026)

• Artifact, Khubani sign $38.2M refi with Genesis Capital for properties in Harlem (March 19, 2026)

• Artifact, Ashok Khubani sign $85.5M refi for 120-unit development in Washington Heights (March 02, 2026)

• Artifact pays $1.6M for 6-unit walkup in Harlem, 3rd purchase of month (June 05, 2025)

• Artifact pays $3.375M for two Harlem walkups (June 04, 2025)

• Artifact, Ashok Khubani sign $36.8M construction loan with Bravo Capital in Harlem (April 03, 2025)

• SoftStone, partners, pressured by Maverick, put LES project in bankruptcy (March 26, 2025)

• Artifact, Ashok Khubani sign $59M construction loan for 120-unit project in Washington Heights (October 24, 2024)

• Artifact, Ashok Khubani pay $1.8M for mixed-use in Harlem (April 02, 2024)

• Artifact pays $13.6M for newly built 17-unit rental in Harlem (June 02, 2023)

Court Records:

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Properties:

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