Cohen Brothers Realty

750 Lexington Avenue New York NY 10022

People:

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Cohen Brothers Realty NYC portfolio

$737.5 million* – office 71%, M1 28%; Manhattan 100%

234th largest portfolio by dollar value

1,113,695 sqft – office 94%, M1 5%;

326th largest by SF

3 properties – Manhattan 100%

2132th largest

4 foreclosures, 0 bankruptcies, 6 other court cases.

Company Activity past 24 months:

Borrower company: 1 for $121 million

Top Ten Associated Companies:

Fortress Investment Group (1), Citibank (1), St. Bartholomew’s Church (1), Third Avenue Design Capital (1)

Top Ten Associated People:

Avraham Dreyfuss (1), St. Bartholomew (1)

Recent activity as company:

Cohen Brothers Realty borrowed $121 million from Third Avenue Design Capital for 475 Park Avenue South, Park Avenue South, Manhattan on July 31, 2024.

Cohen Brothers Realty borrowed $100 million from Fortress Investment Group for 135 East 57th Street, Midtown East, Manhattan on September 15, 2022.

St. Bartholomew’s Church sold 321 Park Avenue, Plaza District, Manhattan for $0 to Cohen Brothers Realty on June 05, 2020.

Cohen Brothers Realty borrowed $275 million from Citibank for 805 3rd Avenue, Midtown East, Manhattan on November 08, 2019.

Latest Stories:

• Fortress sues Charles Cohen seeking $28.3M in a alleged carry guaranty (March 17, 2025)

• Charles Cohen’s Cohen Brothers loses ground lease at Midtown East tower securing $100M loan (October 15, 2024)

• Investors buy $121M note secured by Cohen Brothers’ 475 Park Ave South (August 14, 2024)

• $130M pre-foreclosure filed at Cohen Brothers Lenox Hill office tower (May 13, 2024)

• Fortress declares $533.5M loan to Cohen Brothers NYC, Fla., entities in default, demands full payment (March 26, 2024)

• Cohen Brothers signs $100M refi with Fortress for office in Midtown East (September 28, 2022)

• Cohen Brothers to buy St. Bart’s air rights to redevelop 3 East 54th Street (June 16, 2020)

• Cohen Brothers Realty borrows $275M from Citibank for office tower in Midtown East (November 20, 2019)

Court Records:

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Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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