Emigrant Bank

(Emigrant Savings Bank, Emigrant Realty Finance, Emigrant, Emigrant Funding Corporation, New York Private Bank & Trust)

Lender

Bank

6 E 43rd St New York, NY 10017

People:

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Notes

New York Private Bank & Trust is the holding company for Emigrant Savings Bank and other affiliates, all controlled by the Milstein family.

Company Activity past 24 months:

Seller company: 1 for $135 million

Lender company: 2 for $43.7 million

Top Ten Associated Companies:

Vanbarton Group (1), Mohammad Malik (1)

Top Ten Associated People:

Damiano Buffa (1), Mohammad Malik (1)

Recent activity as company:

Emigrant Bank sold 9 East 42 Street for $135 million to Vanbarton Group on September 29, 2025.

Nasir Iqbal borrowed $4.2 million from Emigrant Bank for 179-41 Hillside Avenue on May 27, 2025.

Madison Realty Capital borrowed $35 million from Knighthead Funding for 41-80 Main Street on July 09, 2024.

Island Capital Group borrowed $39.5 million from Emigrant Bank for 41 West 21 Street on June 04, 2024.

Madison Realty Capital borrowed $15 million from Emigrant Bank for 41-80 Main Street on February 07, 2024.

Ciro Campagnoli borrowed $15 million from Emigrant Bank for 150 East 56th Street, 140 East 56th Street, 140 East 56th Street, 140 East 56th Street, 140 East 56th Street, and others, Midtown East, Manhattan on December 30, 2022.

AJ Capital Partners borrowed $76.5 million from ACRES Capital for 22 North Loop Road on September 30, 2022.

Nilesh S. Shah borrowed $9.5 million from First National Bank of Long Island for 425 East 80 Street on October 29, 2021.

Emigrant Bank sold 168-44 Hillside Avenue for $5.6 million to Mohammad Malik on October 26, 2021.

Latest Stories:

• United Construction & Development pays $64.2M to Madison Realty for office, retail in Flushing (December 10, 2025)

• Vanbarton files plans for 440 units at Midtown East conversion purchased for $135M (October 08, 2025)

• Vanbarton Group pays $135M to Emigrant Bank for office-to-resi conversion in Grand Central (October 06, 2025)

• Nasir Iqbal pays $9M for retail in Jamaica Estates (June 11, 2025)

• Island Capital Group pays $51.8M for 116-unit rental in Flatiron District (June 14, 2024)

• Madison Realty Capital acquires Myint Kyaw’s Flushing retail through bankruptcy, $80M transfer value (February 19, 2024)

• Rainero family files $25M bankruptcy at historic Village building (August 23, 2023)

• Pan Wang pays $3.6M for 6-unit walkup in Upper West Side (February 27, 2023)

• AJ Capital Partners signs $76.5M refi with ACRES Capital for hotel in Roosevelt Island (October 31, 2022)

• Mohammad Malik pays $5.6M to Emigrant Bank for retail building in Jamaica (November 15, 2021)

Court Records:

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