Carmel Partners
Lender
People:
Carmel Partners NYC portfolio
$1.2 billion -development 82%, mixed-use 17%; Queens 51%, Brooklyn 29%, Manhattan 18%*
198th largest portfolio by dollar value
14,029 sqft – mixed-use 56%, office 22%, walkup 21%; Manhattan 77%, Queens 22%
5552th largest by SF
9 properties – Manhattan 44%, Brooklyn 33%, Queens 22%
1115th largest
1,660 residential units – Queens 56%, Brooklyn 34%, Manhattan 9%
205th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $45 million
Top Ten Associated Companies:
Wells Fargo (2), Northwestern Mutual Life Insurance (1), AYA Acquisitions (1), Stockbridge Capital Group (1), Stonehenge NYC (1), Goldman Sachs (1), PCCP (1), Pontegadea (1), PNC Bank (1), Brookfield Properties (1)
Top Ten Associated People:
Amir Shriki (1), Mark Carlson (1), Daniel Alger (1), Chinar Mithani Starck (1), William R. Lindsay (1), Patricia Alonso Gonzalez (1), Thomas Murta (1)
Recent activity as company:
• Carmel Partners ground leased 225 East 63 Street valued at $45 million to AYA Acquisitions on November 26, 2024.
• Carmel Partners borrowed $153 million from Northwestern Mutual Life Insurance for 1487 1 Avenue on September 07, 2023.
• Carmel Partners borrowed $233 million from Goldman Sachs for 48 Crown Street on August 02, 2023.
• Carmel Partners borrowed $32.7 million from PCCP for 225 East 63 Street on July 07, 2023.
• Carmel Partners sold 19 Dutch Street for $487.5 million to Pontegadea on September 23, 2022.
• Carmel Partners borrowed $22 million from PNC Bank for 48 Crown Street on September 02, 2022.
• Carmel Partners borrowed $500 million from Wells Fargo for 43-40 24 Street on August 31, 2022.
• Stawski Partners sold 43-40 24 Street for $176 million to Carmel Partners on March 16, 2022.
• Carmel Partners sold 1753 1 Avenue for $128.2 million to Stockbridge Capital Group and Stonehenge NYC on February 01, 2022.
• Carmel Partners for Matthew Feldman filed plans for new building for 160,641 sqft in Lenox Hill, Manhattan, on January 24, 2022.
Latest Stories:
• Domain, Vorea sign $127.6M loan for 254-unit project in Gowanus (September 10, 2025)
• Grubb ups debt to $129.4M with Maxim at 462-unit project in FiDi (July 03, 2025)
• AYA pays $45M to Carmel for 151-unit rental in Lenox Hill (December 20, 2024)
• Grubb Properties signs $67.5M refi with Maxim Capital for dev parcel in FiDi (May 23, 2024)
Properties: