Corem Property Group
Corem Property Group NYC portfolio
$186.2 million* – V1 100%; Manhattan 100%
828th largest portfolio by dollar value
89,651 sqft – V1 100%;
2134th largest by SF
Top Ten Associated Companies:
Top Ten Associated People:
Adam Kastengren Sandberg (1)
Recent activity as company:
• Corem Property Group and GDS Development borrowed $140 million from Nordic Trustee & Agency for 417 Park Avenue and 407 Park Avenue, Midtown East, Manhattan on March 07, 2022.
Latest Stories:
• GDSNY, Corem up debt to $140M for dev site in Midtown East (March 17, 2022)
• GDSNY, Klövern, pay $30.7M for mixed-use building to add to Plaza District dev site (May 12, 2021)
• GDSNY files to demolish newly acquired co-op at 417 Park Avenue (July 10, 2020)
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.