Elo Organization

42 W 48th St, New York, NY 10036

Elo Organization NYC portfolio

Company Activity past 24 months:

Buyer company: 1 for $43 million

Seller company: 3 for $23.5 million

Borrower company: 1 for $49 million

Top Ten Associated Companies:

Dime Community Bank (3), Goose Property Management (2), Citibank (1), William Zeng Zhang Shao (1), JPMorgan Chase (1)

Top Ten Associated People:

Yitzchok Katz (2), Jonathan Misher (1), William Zeng Zhang Shao (1), William J. Newham III (1), Ursula Flores (1)

Recent activity as company:

• Elo Organization borrowed $49 million from Citibank for 8 West 48 Street on January 24, 2025.

• Edmund Weinmann sold 27 West 46 Street for $43 million to Elo Organization on January 24, 2025.

• Elo Organization sold 768 Flatbush Avenue for $1.5 million to William Zeng Zhang Shao on November 26, 2024.

• Elo Organization sold 180 3 Avenue for $22 million to Goose Property Management on November 06, 2024.

• Elo Organization sold 180 3 Avenue for $0 to Goose Property Management on February 13, 2024.

• Elo Organization borrowed $5.6 million from Dime Community Bank for 19 East 48 Street on January 29, 2024.

• Elo Organization borrowed $19.5 million from JPMorgan Chase for 46 West 48 Street on April 07, 2022.

• ELO Organization borrowed $31 million from Dime Community Bank for 30 West 47 Street on November 23, 2021.

• ELO Organization borrowed $37.5 million from Dime Community Bank for 41 West 38 Street on July 28, 2021.

Latest Stories:

• Elo Organization pays $43M to Weinmann family for office in Midtown West (January 29, 2025)

• Elo Organization sells mixed-use in Flatbush for $1.5M (December 13, 2024)

• Goose Property Management pays $22M to Elo Organization for development in Gowanus (November 15, 2024)

• Yitzchok Katz of Goose Property in contract to buy Gowanus dev site from Elo Org. (May 17, 2024)

• Jack Elo pays $34.7M to Robert Posner for office in Midtown West (November 09, 2023)

• ELO Organization signs $31M refi for Diamond District building (December 17, 2021)

• Elo Organization signs $37.5M refi with Dime for office buildings in Garment District (August 27, 2021)

• Elo Equity ups debt to $141M from Citigroup for property in Times Square (December 24, 2020)

• Jack Elo pays $110M to Ray Yadidi, Isaac Chetrit for property in Diamond District (December 18, 2020)

Court Records:

Properties: