Fairstead
250 West 55th Street 35th Floor New York, NY 10019
People:
Fairstead NYC portfolio
$1.7 billion -elevator 61%, walkup 23%, C0 4%; Manhattan 51%, Brooklyn 32%, Bronx 15%*
133th largest portfolio by dollar value
6,860,119 sqft – elevator 64%, walkup 25%, condo 7%; Manhattan 34%, Bronx 33%, Brooklyn 31%
57th largest by SF
257 properties – Brooklyn 72%, Bronx 18%, Manhattan 9%
12th largest
7,396 residential units – Manhattan 39%, Brooklyn 32%, Bronx 28%
32th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Seller company: 3 for $102.6 million
Borrower company: 5 for $430.4 million
Top Ten Associated Companies:
Berkadia Commercial Mortgage (3), Merchants Capital (3), Signature Bank (3), Witnick Real Estate Partners (2), SunTrust Bank (2), Capital One (2), Frank Alessio (1), Seth Levine (1), Isaac Herskovitz (1), Greystone & Co. (1)
Top Ten Associated People:
Ariya M. Waxman (2), Bianca Geary (2), Seth Levine (1), Chaim Lipschitz (1), Megan Mather (1), Morris Missry (1), Gregory Fantauzzi (1), Tucker Shane (1), Dee Anna Aday (1), Jeehae Lee (1)
Recent activity as company:
• Fairstead and People Restoring Communities borrowed $44.9 million from Berkadia Commercial Mortgage for 116 Featherbed Lane on February 27, 2026.
• Fairstead sold 11-15 Broadway for $23.4 million to Witnick Real Estate Partners on December 01, 2025.
• Fairstead sold 30-50 21 Street for $20.7 million to Witnick Real Estate Partners on December 01, 2025.
• Fairstead borrowed $48.5 million from Berkadia Commercial Mortgage for 975 Simpson St, 1240 Westchester Avenue, 1075 Longfellow Avenue, 1083 Longfellow Avenue, and 1076 Faile Street, Longwood, Bronx on May 30, 2025.
• Fairstead borrowed $25.5 million from Berkadia Commercial Mortgage for 970 East 163 Street on May 30, 2025.
• Atlas Capital Group, Fairstead, Blackstone Group and Island Capital borrowed $272.7 million from Bridge Investment Group for 262 West 19 Street on September 06, 2024.
• Fairstead sold 263 Park Avenue for $58.5 million to Thor Equities on August 08, 2024.
• Fairstead borrowed $38.8 million from Merchants Capital for 117 West 79 Street on May 23, 2024.
• New York City Housing Authority ground leased Reid apartments valued at $23.3 million to BRP Companies, Fairstead and Urbane on November 28, 2023.
• BRP Companies, Fairstead and Urbane borrowed $631.5 million from Merchants Capital and NYC Housing Development Corporation for Reid apartments on November 28, 2023.
Latest Stories:
• Fairstead signs $25.5M refi with Berkadia for 12 properties in Longwood (August 12, 2025)
• Fairstead signs $48.5M refi with Berkadia for five rentals in Longwood (July 22, 2025)
• Fairstead signs $38.8M refi loan with Merchants Capital on Upper West Side (June 04, 2024)
Court Records:
Properties: