Artifact
(Artifact Real Estate Development Company)
1867 Amsterdam Ave New York, NY 10031
People:
Artifact NYC portfolio
$279.4 million -D6 40%, specialty 13%, office 12%; Manhattan 100%*
850th largest portfolio by dollar value
184,335 sqft – office 32%, industrial 22%, mixed-use 18%; Manhattan 100%
1750th largest by SF
19 properties – Manhattan 100%
611th largest
279 residential units – Manhattan 100%
974th largest by residential units
732 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 5 for $50.7 million
Borrower company: 10 for $271.9 million
Top Ten Associated Companies:
Genesis Capital (10), Bank Hapoalim (1), Bravo Capital (1), Bellwether Enterprise Real Estate Capital (1), Connectone Bank (1)
Top Ten Associated People:
Scott Sawyer (3), Candice Shih (3), Yvonne Gruenberg (1), Aaron Krawitz (1), Michael K. Meyer (1)
Recent activity as company:
• Artifact borrowed $21.6 million from Genesis Capital for 156 Baxter Street on July 24, 2026.
• Bijan Nassi sold 156 Baxter Street for $28 million to Artifact on July 24, 2026.
• 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.
• Steven Robert Triebes sold 546 West 148 Street for $1.4 million to Artifact on May 27, 2025.
• Laurence R. Fox sold 698 Riverside Drive for $2 million to Artifact on May 27, 2025.
• Artifact borrowed $3 million from Genesis Capital for 467 West 147 Street on May 27, 2025.
• Xiaoqian Qiu and Peiling Wu sold 467 West 147 Street for $1.6 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)
• $11.4M pre-foreclosure filed at Little Italy office building (June 10, 2025)
• 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)
• SoftStone, partners, pressured by Maverick, put LES project in bankruptcy (March 26, 2025)
• Artifact, Ashok Khubani pay $1.8M for mixed-use in Harlem (April 02, 2024)
Court Records:
Properties: