Galil Management
Galil Management NYC portfolio
$224.7 million -walkup 47%, elevator 33%, C6 19%; Manhattan 40%, Bronx 29%, Brooklyn 19%*
893th largest portfolio by dollar value
1,025,934 sqft – walkup 75%, elevator 21%, C6 3%; Bronx 63%, Manhattan 20%, Queens 8%
475th largest by SF
15 properties – Manhattan 66%, Bronx 20%, Brooklyn 6%
681th largest
1,872 residential units – Bronx 79%, Manhattan 11%, Brooklyn 6%
171th 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.
• Happy Living Development ground leased 828 Pacific Street valued at $0 to Galil Management on March 05, 2021.
• Galil Management borrowed $36 million from Arbor Realty Trust for 828 Pacific Street 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: