Chetrit Group
People:
Chetrit Group NYC portfolio
$4 billion* – elevator 42.0%, office 17.0%; Manhattan 81.0%, Queens 11.0%
42th largest portfolio by dollar value
5,008,622 sqft – elevator 45.0%, office 25.0%;
56th largest by SF
93 properties – Manhattan 80%, Queens 12%
92th largest
2,339 residential units – Manhattan 76.0%, Queens 23.0%
90th largest by residential units
4 foreclosures, 0 bankruptcies, 44 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $32.8 million
Borrower company: 5 for $406.2 million
Top Ten Associated Companies:
G4 Capital Partners (5), Bank of Montreal (3), Maverick Real Estate Partners (2), Peter Kulka (2), Maxim Credit Group (2), Interaudi Bank (1), 125 East 65th Street Inc. (1), Beach Point Capital Management (1), UMB Bank (1), Abraham Grunhut (1)
Top Ten Associated People:
Robyn Sorid (4), Nicholas Kwong (1), Leanne M. Lispi (1), Abraham Grunhut (1), Jacob Breinholt (1), Robert Schepis (1), Grace Y. Chiang (1), Michael S. Birajiclian (1), Gaby Ferman Lehrer (1), Rita Kwiat (1)
Recent activity as company:
• Rabsky Group and Chetrit Group borrowed $165 million from G4 Capital Partners for 260 East 72nd Street, 252-254 East 72nd Street, 259 East 71st Street, and 257 East 71st Street, Lenox Hill, Manhattan on March 19, 2025.
• Stuart Podolsky, Jay Podolsky and Chetrit Group borrowed $120 million from Benefit Street Partners for 1889 Broadway, Lincoln Square, Manhattan on January 14, 2025.
• Chetrit Group borrowed $0 from Beach Point Capital Management for 98 Montague Street, Brooklyn Heights, Brooklyn on May 07, 2024.
• Gaby Ferman Lehrer and Rita Kwiat sold 1009 Park Avenue, Carnegie Hill, Manhattan for $32.8 million to Chetrit Group on December 01, 2023.
• Chetrit Group borrowed $70.7 million from G4 Capital Partners for 260 East 72nd Street, 252-254 East 72nd Street, 259 East 71st Street, and 257 East 71st Street, Lenox Hill, Manhattan on November 29, 2023.
• Gindi Capital, Nakash Holdings and Chetrit Group borrowed $50.5 million from UMB Bank for 627 Smith Street, 611 Smith Street, 659 Smith Street, and 595 Smith Street, Red Hook, Brooklyn on March 30, 2023.
• Chetrit Group sold 255 West 34th Street, Garment District, Manhattan for $104.5 million to Maverick Real Estate Partners on March 02, 2023.
• Chetrit Group for Kevin K. Kim filed plans for new building for 190,449 sqft in Lenox Hill, Manhattan, on November 02, 2022.
• Chetrit Group and Stellar Management borrowed $365 million from Bank of Montreal for 792 Columbus Avenue, 788 Columbus Avenue, and 784 Columbus Avenue, Upper West Side, Manhattan on August 31, 2022.
• Chetrit Group borrowed $120.5 million from Mack Real Estate Group for 250 West 43rd Street, Times Square, Manhattan on August 29, 2022.
Latest Stories:
• Rabsky, Chetrit sign $165M construction loan with G4 for 58 units in Lenox Hill (March 20, 2025)
• Chetrit’s Hotel Bossert with $177M judgment set for auction in one week (February 06, 2025)
• Blackstone file $65M pre-foreclosure at Chetrit Garment District office (January 30, 2025)
• UDR alleges it is owed $6.2M in unpaid retail condo fees (January 07, 2025)
• Beach Point closing in on Chetrit’s Hotel Bossert that has $177M judgment (November 17, 2024)
• Mack says Chetrit owes $18.5M for loan at stalled Hudson Yards hotel project (September 11, 2024)
Court Records:
Properties: