Caspi Development
Owner
Family Office|Private
120 Bloomingdale Road, Suite 105, White Plains, New York 10605
People:
Caspi Development NYC portfolio
$240.5 million -hotel 80%, office 11%, retail 7%; Manhattan 100%*
853th largest portfolio by dollar value
134,668 sqft – hotel 60%, retail 19%, office 19%; Manhattan 100%
1984th largest by SF
3 properties – Manhattan 100%
2694th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Company Activity past 24 months:
Seller company: 1 for $9.3 million
Borrower company: 2 for $159.2 million
Top Ten Associated Companies:
Nassimi Realty (2), Hana Financial Investment (1), Chaskel Landau (1), Goldman Sachs (1), Rialto Capital (1), Strategic Funding (1)
Top Ten Associated People:
Mike M. Nassimi (2), Chaskel Landau (1), Andrew White (1), Sorana Georgescu (1), Jonathan Singer (1)
Recent activity as company:
• Caspi Development borrowed $14.2 million from Rialto Capital for 79 Walker Street on September 19, 2025.
• Caspi Development borrowed $145 million from Goldman Sachs for 26 Desbrosses Street on July 17, 2025.
• Caspi Development ground leased 37 India Street valued at $9.3 million to Chaskel Landau on May 14, 2024.
• Caspi Development and Mactaggart Family & Partners sold 74 Broad Street for $19.6 million to Nassimi Realty on December 28, 2023.
• Caspi Development and Mactaggart Family & Partners sold 410 Bedford Avenue for $17.3 million to Nassimi Realty on December 28, 2023.
• Caspi Development borrowed $21.6 million from Strategic Funding for 159 West 18 Street on February 15, 2022.
• Caspi Development borrowed $95 million from Hana Financial Investment for 26 Desbrosses Street on November 13, 2019.
• Caspi Development for Joshua Caspi filed plans for new building for 66,309 sqft in Tribeca, Manhattan, on April 14, 2015.
Latest Stories:
• Caspi Development signs $14.2M refi with Rialto for office, retail in Tribeca (September 26, 2025)
• $17M pre-foreclosure filed on commercial property in FiDi (September 22, 2022)
Court Records:
Properties: