Friedman Management

Friedman Management NYC portfolio

$425 million* – walkup 43%, elevator 24%; Manhattan 86%, Bronx 6%

416th largest portfolio by dollar value

1,380,382 sqft – walkup 46%, elevator 39%;

247th largest by SF

70 properties – Manhattan 72%, Bronx 20%

115th largest

1,445 residential units – Manhattan 70%, Bronx 15%

171th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Top Ten Associated Companies:

Tremada Properties (1), Sterling National Bank (1)

Top Ten Associated People:

Stuart Berg (1)

Recent activity as company:

Friedman Management borrowed $38.5 million from Sterling National Bank for 50 East 8th Street, 404 East 75th Street, 401 West 22nd Street, 360 West 22nd Street, 360 West 22nd Street, and others, West Village, Manhattan on April 26, 2021.

Friedman Management sold 321 East 48th Street, 321 East 48th Street, 321 East 48th Street, 321 East 48th Street, 321 East 48th Street, and others, Midtown East, Manhattan for $11.5 million to Tremada Properties on November 27, 2020.

Court Records:

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Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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