Cedarbridge Management
261 Lenox Rd Office Brooklyn, NY 11226
People:
Cedarbridge Management NYC portfolio
$32.4 million -elevator 44%, C0 28%, walkup 27%; Manhattan 52%, Brooklyn 28%, Bronx 18%*
2768th largest portfolio by dollar value
257,963 sqft – elevator 53%, walkup 45%, C0 1%; Manhattan 62%, Bronx 35%, Brooklyn 1%
1321th largest by SF
8 properties – Manhattan 62%, Bronx 25%, Brooklyn 12%
1372th largest
257 residential units – Manhattan 56%, Bronx 42%, Brooklyn 1%
960th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $8.9 million
Borrower company: 2 for $12 million
Top Ten Associated Companies:
Esquire Bank (1), IceCap Group (1), Signature Bank (1)
Top Ten Associated People:
Steven Dorritie (1), Polykarpos Kotronis (1)
Recent activity as company:
• Esquire Bank sold 1500 Watson Avenue for $4.1 million to Cedarbridge Management on March 31, 2026.
• Esquire Bank sold 1095 Colgate Avenue for $1.6 million to Cedarbridge Management on March 31, 2026.
• Cedarbridge Management borrowed $5 million from Esquire Bank for 1500 Watson Avenue on March 31, 2026.
• Stellar Management sold 71 Fort Washington Avenue for $3.2 million to Cedarbridge Management on March 09, 2026.
• Cedarbridge Management borrowed $7 million from IceCap Group for 1314 53 Street on January 28, 2026.
• Cedarbridge Management borrowed $10.8 million from Signature Bank for 617 West 143 Street on January 31, 2023.
• Sugar Hill Capital Partners sold 617 West 143 Street for $6.1 million to Cedarbridge Management on January 31, 2023.
• Cedarbridge Management on December 20, 2022 bought a loan with an original principal of $12.9 million from Santander Bank, signed by John P. O’Gorman, secured by 326 Manhattan Avenue, when owned by Emerald Equity Group.
• Cedarbridge Management on December 20, 2022 bought a loan with an original principal of $23.6 million from Santander Bank, signed by John P. O’Gorman, secured by 354 Manhattan Avenue, when owned by Emerald Equity Group.
• Cedarbridge Management on December 20, 2022 bought a loan with an original principal of $9.3 million from Santander Bank, signed by John P. O’Gorman, secured by 314 West 114 Street, when owned by Emerald Equity Group.
Latest Stories:
• $45.75M notes sold on Harlem rentals Emerald Equity Group refinanced in 2017 (December 27, 2022)
• Mendel Kaff pays $13M to Related Companies for two rentals in Soundview (July 16, 2020)
• Mendel Kaff borrows $11.2M from Esquire Bank for rental purchase in Soundview (July 16, 2020)
Properties: