Four Winds Real Estate
462 7th Ave 16th floor New York, NY 10018
People:
Four Winds Real Estate NYC portfolio
$133.6 million -elevator 85%, walkup 12%, retail 1%; Manhattan 100%*
1245th largest portfolio by dollar value
211,613 sqft – elevator 86%, walkup 10%, condo 2%; Manhattan 100%
1496th largest by SF
6 properties – Manhattan 100%
1634th largest
244 residential units – Manhattan 100%
979th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $68 million
Seller company: 2 for $33.5 million
Borrower company: 3 for $88 million
Top Ten Associated Companies:
Affinius Capital (1), UBS (1), Derby Copeland Capital (1), Bando Construction (1), Estera Trust (1), Ellen McGrath (1), Voya Financial (1), Arbor Realty Trust (1), Resource America (1), Ready Capital (1)
Top Ten Associated People:
Brad Cohen (1), Racquel Small (1), Andrew Lisa (1), Steve Spanolios (1), John Choi (1), Ellen McGrath (1), Chris Gorman (1), Kenneth Dowling (1)
Recent activity as company:
• Four Winds Real Estate sold 145 Christopher Street for $15.8 million to Ellen McGrath on March 20, 2026.
• Four Winds Real Estate sold 6 West 108 Street for $17.8 million to Bando Construction on October 01, 2025.
• Four Winds Real Estate borrowed $10.8 million from Derby Copeland Capital for 145 Christopher Street on June 30, 2025.
• Four Winds Real Estate borrowed $23.5 million from Voya Financial for 138 East 38 Street on September 09, 2024.
• Four Winds Real Estate, Alan Lerner, Erica Lerner and Elynn Lerner borrowed $53.8 million from Affinius Capital for 47 East 34 Street on May 21, 2024.
• Morgenstern Capital and H.I.G. Capital sold 47 East 34 Street for $68 million to Four Winds Real Estate, Alan Lerner, Erica Lerner and Elynn Lerner on May 21, 2024.
• Four Winds Real Estate borrowed $24.3 million from Arbor Realty Trust for 108 Ridge Street on March 08, 2024.
• Four Winds Real Estate borrowed $13.9 million from UBS for 10 West 108 Street on January 05, 2024.
• Safehold Inc. ground leased 138 East 38 Street valued at $16 million to Four Winds Real Estate on November 22, 2021.
• Four Winds Real Estate borrowed $16.5 million from Ready Capital for 138 East 38 Street on November 22, 2021.
Latest Stories:
• Ellen McGrath pays $15.8M to Four Winds Real Estate for mixed-use in West Village (March 31, 2026)
• Bando Construction pays $17.8M to Four Winds Real Estate for 2 UWS walkups (October 20, 2025)
• Hines lends $10M to MDE Property Group for mixed-use retail in West Village (May 18, 2022)
• Safehold borrows $14M from John Hancock for LES ground-leased buildings (May 06, 2020)
Properties: