Friedland Properties

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Friedland Properties NYC portfolio

$742.7 million -elevator 49%, mixed-use 13%, walkup 13%; Manhattan 100%*

319th largest portfolio by dollar value

975,139 sqft – elevator 57%, industrial 18%, retail 10%; Manhattan 100%

501th largest by SF

24 properties – Manhattan 100%

431th largest

507 residential units – Manhattan 100%

582th largest by residential units

0 foreclosures, 0 bankruptcies, 4 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $36 million

Seller company: 1 for $10.5 million

Borrower company: 7 for $229.5 million

Latest Stories:

• ZHL Group signs $24M rehab construction loan with Maxim for UWS conversion (April 01, 2026)

• Friedland Properties signs $12.5M refi loan with M&;T for retail in Lenox Hill (December 12, 2025)

• ZHL Group pays $10.5M to Friedland, Zabar for likely dev site on UWS (February 17, 2025)

• Friedland Properties pays $36M to Duell family for Madison Ave retail in Lenox Hill (September 27, 2024)

• Argent Ventures sells minority stake in Crowne Plaza hotel building in Times Square for $53.3M (August 16, 2024)

• Friedland Properties pays $10.2M to long-time owner for 74-unit rental in Washington Heights (November 17, 2023)

• Argent Ventures pays $17.2M to Riese for last portion of fee in bankrupt Times Square hotel it did not own (January 06, 2023)

• Argent, Vornado break Times Square hotel deadlock with bankruptcy plan, $419M in senior debt (December 29, 2022)

• Alder Street pays $6.5M to Friedland Properties for industrial building in Harlem (January 17, 2022)

• SL Green pays $121M to Friedland for portion of fee under Vornado’;s Crowne Plaza Times Square (October 01, 2021)

Court Records:

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Properties:

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