Brodsky Organization
400 W 59th St New York, NY 10019
People:
Brodsky Organization NYC portfolio
$3.6 billion -elevator 68%, condo 18%, office 7%; Manhattan 69%, Brooklyn 30%*
56th largest portfolio by dollar value
7,093,573 sqft – elevator 76%, condo 18%, office 2%; Manhattan 77%, Brooklyn 22%
55th largest by SF
53 properties – Manhattan 83%, Brooklyn 16%
156th largest
7,412 residential units – Manhattan 74%, Brooklyn 25%
31th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 2 for $12.4 million
Seller company: 1 for $19.2 million
Borrower company: 4 for $240.1 million
Top Ten Associated Companies:
Bank of New York Mellon (3), Apple Bank for Savings (2), Wells Fargo (2), Namdar Realty Group (2), Skyline Developers (1), JPMorgan Chase (1), Daniel Brodsky (1), Avanath Capital Management (1), Athene Annuity And Life Company (1), AXA Equitable (1)
Top Ten Associated People:
Cynthia Wang (2), Ivan Hakimian (2), Orin Wilf (1), Ursula Flores (1), Daniel Graca (1), Daniel Brodsky (1), Kamal Yagubov (1), Wesley Wilson (1), Michael Lolito (1), Igal Namdar (1)
Recent activity as company:
• Brodsky Organization sold 185 East 80 Street for $19.2 million to Skyline Developers on February 19, 2026.
• Brodsky Organization, GFP Real Estate and Sorgente Group borrowed $200 million from Tyko Capital for 185 5 Avenue on October 21, 2024.
• Brodsky Organization borrowed $7 million from Bank of New York Mellon for 1420 3 Avenue on May 31, 2024.
• Brodsky Organization borrowed $19 million from Bank of New York Mellon for 317 East 44 Street on May 22, 2024.
• Quinlan Development Group sold 25 West Houston Street and 25 West Houston Street, SoHo, Manhattan for $8.8 million to Brodsky Organization on March 28, 2024.
• Quinlan Development Group sold 456 West 19th Street and 456 West 19th Street, Chelsea, Manhattan for $3.6 million to Brodsky Organization on March 28, 2024.
• Brodsky Organization borrowed $14.1 million from Daniel Brodsky for 25 West Houston Street, 456 West 19th Street, 25 West Houston Street, and 456 West 19th Street, None, Manhattan on March 28, 2024.
• Brodsky Organization sold 30 West 61st Street, Lincoln Square, Manhattan for $15.2 million to Zar Property NY and HPNY on February 15, 2024.
• Brodsky Organization, GFP Real Estate and Sorgente Group borrowed $30 million from Apple Bank for Savings for 185 5 Avenue on November 20, 2023.
• GFP Real Estate, Nathan Silverstein, Gregg Schenker and Sorgente Group sold 185 5 Avenue for $6.7 million to Brodsky Organization, GFP Real Estate and Sorgente Group on October 25, 2023.
Latest Stories:
• Brodsky, GFP, Sorgente plan 39 condo units in Flatiron Building (September 06, 2024)
• Brodsky Organization signs $19M refi for 312-unit building in Turtle Bay (May 29, 2024)
• Daniel Brodsky lends Brodsky Organization $14.05M to buy retail in Chelsea, SoHo (April 03, 2024)
• Brodsky Org. pays $12.4M to Quinlan Dev. for retail in SoHo, Chelsea (April 01, 2024)
• Zar Property, HPNY pay $15.2M to Brodsky for office condo in Lincoln Square (February 23, 2024)
• Brodsky Org. pays $80.3M to Avery Hall for 350-unit Gowanus dev site (May 19, 2023)
• Court moves forward with Flatiron Building partition sale (February 28, 2023)
Court Records:
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