J. Safra Sarasin

546 Fifth Avenue New York, NY 10036

31 W 52nd St New York, NY 10019

safra.com

People:

Other Links:

https://jsafrasarasin.com/en/jsafrasarasinnorthamerica.html

Notes

Company Activity past 24 months:

Lender company: 2 for $38.3 million

Recent activity as company:

• Michael Ostad and Edward Ostad borrowed $17.2 million from Derby Copeland Capital for 161 Prince Street on January 13, 2026.

• J. Safra Real Estate borrowed $14.3 million from J. Safra Sarasin for 181 Canal Street on November 15, 2025.

• Jan Soleimani and Marvin Kagan borrowed $24 million from Safra National Bank of New York for 280 5 Avenue on April 29, 2025.

• Rockfeld Group sold 181 Canal Street for $18.6 million to J. Safra Group on November 17, 2021.

• Rockfeld Group sold 23 East 22nd Street, Flatiron District, Manhattan for $15.2 million to J. Safra Group on November 17, 2021.

• JSRE Acquisitions borrowed $53.7 million from Banque J. Safra Sarasin for 841 Madison Avenue, Lenox Hill, Manhattan on October 16, 2020.

Latest Stories:

• Mehrdad Kahan, Said Makhany pay $8.5M to J. Safra Real Estate for retail in Flatiron District (January 29, 2026)

• Michael Ostad pays $18M to J. Safra Real Estate for two walkups in SoHo (January 22, 2026)

• J. Safra Real Estate signs $14.3M refi with related firm for two office properties in Chinatown (December 18, 2025)

• Rockfeld files plans for 20 units in Chinatown, converting from office (May 23, 2025)

• Rug merchant Jan Soleimani leads $62M recap of NoMad office (May 12, 2025)

• Safra Group acquires interest in Rockfeld Group Manhattan office, retail valued at $33.8M (December 13, 2021)

• JSRE borrows $54M from Banque J. Safra for former Ashkenazy retail in Lenox Hill (December 17, 2020)

• JSRE Acquisitions acquires $45.6M interest from Ashkenazy Acquisition for Prada location on Madison Avenue (November 05, 2020)