Galil Management
Galil Management NYC portfolio
$168.7 million -walkup 55%, elevator 44%; Bronx 39%, Brooklyn 26%, Manhattan 20%*
1091th largest portfolio by dollar value
987,325 sqft – walkup 77%, elevator 22%; Bronx 65%, Manhattan 17%, Queens 9%
494th largest by SF
10 properties – Manhattan 50%, Bronx 30%, Brooklyn 10%
1052th largest
1,829 residential units – Bronx 81%, Manhattan 9%, Brooklyn 6%
181th largest by residential units
1 foreclosure, 0 bankruptcies, 1 other court case.
Top Ten Associated Companies:
Arbor Realty Trust (2), Prime Finance (1), New York Community Bank (1)
Top Ten Associated People:
Kenneth Dowling (1)
Recent activity as company:
• Galil Management borrowed $33.4 million from Arbor Realty Trust for 828 Pacific Street on March 28, 2023.
• Prime Finance on September 29, 2022 bought a loan with an original principal of $40 million from Investors Bank, signed by Tucker Watson, secured by 264 Elizabeth Street, when owned by Galil Management.
• Galil Management borrowed $36 million from Arbor Realty Trust for 828 Pacific Street on March 05, 2021.
• Happy Living Development ground leased 828 Pacific Street valued at $0 to Galil Management on March 05, 2021.
• Galil Management borrowed $7.5 million from New York Community Bank for 116 Audubon Avenue on January 19, 2021.
Latest Stories:
• Prime Finance buys $40M note secured by Nolita mixed-use (November 10, 2022)
• Galil assumes control of Happy Living project in Prospect Heights (March 16, 2021)
Court Records:
Properties: