BlackRock
People:
BlackRock NYC portfolio
$128.3 million -elevator 100%; Manhattan 100%*
1416th largest portfolio by dollar value
290,482 sqft – elevator 100%; Manhattan 100%
1285th largest by SF
259 residential units – Manhattan 100%
1040th largest by residential units
Company Activity past 24 months:
Seller company: 3 for $188.9 million
Top Ten Associated Companies:
Korman Communities (3), Fortress Investment Group (2), Slate Property Group (2), Prana Investments (1), Nelson Management Group (1), Schreiber Properties (1), Morris Schreiber (1), Farallon Capital Management (1), Fetner Properties (1), Midwood Investment & Development (1)
Top Ten Associated People:
David Scheible (2), Richard Herman (1), Robert Nelson (1), Morris Schreiber (1), Richard B. Fried (1), John Usdan (1)
Recent activity as company:
• CalSTRS and BlackRock sold 48 West 58 Street for $72.8 million to Korman Communities on July 22, 2026.
• CalSTRS and BlackRock sold 131 West 44 Street for $63.9 million to Korman Communities on July 22, 2026.
• CalSTRS and BlackRock sold 334 East 56 Street for $52.2 million to Korman Communities on July 22, 2026.
• BlackRock sold 611 East 83 Street for $75 million to Farallon Capital Management and Fetner Properties on June 18, 2024.
• BlackRock sold 231 East 76 Street for $49.1 million to Fortress Investment Group and Slate Property Group on May 26, 2022.
• BlackRock sold 342 East 52 Street for $28.9 million to Fortress Investment Group and Slate Property Group on May 26, 2022.
• BlackRock sold 60 7 Avenue for $102 million to Midwood Investment & Development on May 10, 2022.
• BlackRock sold 99 Riverside Drive for $90 million to Schreiber Properties and Morris Schreiber on May 09, 2022.
• BlackRock sold 187 Claremont Avenue for $15.8 million to Prana Investments on August 05, 2020.
• BlackRock sold 105-05 69 Avenue for $26.5 million to Nelson Management Group on June 24, 2020.
Latest Stories:
• Nelson Management Group signs $18.4M refi for 112-unit rental in Forest Hills (August 01, 2025)
• Farallon Capital, Fetner pay $75M to BlackRock for 155-unit rental in Yorkville (June 24, 2024)
• Korman signs $48M refi loan with MF1 Capital for AKA Sutton Place hotel (May 04, 2023)
• Korman Communities refis two hotels in Midtown West with $92.5M (April 20, 2023)
Properties:
