George Comfort & Sons

George Comfort & Sons NYC portfolio

$2.8 billion* – office 95%, condo 4%; Manhattan 100%, Bronx 0%

58th largest portfolio by dollar value

3,227,481 sqft – office 96%, condo 3%;

95th largest by SF

31 properties – Manhattan 100%, Bronx 0%

302th largest

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Seller company: 1 for $3.2 million

Top Ten Associated People:

Kelsey Louie (2), John Tomlinson (1), Natalya M. Robles (1)

Recent activity as company:

George Comfort & Sons sold 307 West 38th Street and 307 West 38th Street, Garment District, Manhattan for $3.2 million to Paul Taylor Dance Foundation on December 14, 2023.

George Comfort & Sons sold 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, and others, Hudson Yards, Manhattan for $16.7 million to Gay Men’s Health Crisis on June 09, 2021.

Gay Men’s Health Crisis borrowed $16.6 million from George Comfort & Sons for 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, and others, Hudson Yards, Manhattan on June 09, 2021.

George Comfort & Sons borrowed $70 million from JPMorgan Chase for 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, 307 West 38th Street, and others, Hudson Yards, Manhattan on May 13, 2021.

George Comfort & Sons borrowed $400 million from MetLife for 498 7th Avenue, Garment District, Manhattan on May 07, 2020.

George Comfort & Sons sold 158 West 27th Street, Chelsea, Manhattan for $99.3 million to AFIAA on October 30, 2019.

George Comfort & Sons sold 63 Madison Avenue, Nomad, Manhattan for $7.5 million to New York Life Insurance Company on August 21, 2019.

George Comfort & Sons borrowed $25.5 million from Bank of China for 63 Madison Avenue, Nomad, Manhattan on August 05, 2019.

Latest Stories:

• George Comfort & Sons seeks $1.7M from Whole Foods in Nomad lease dispute (April 04, 2022)

• George Comfort signs $70M refi for 37-unit commercial condo building in Hudson Yards (May 14, 2021)

• George Comfort & Sons finishes $4.6M multi-floor rehab in Garment District (July 13, 2020)

• George Comfort & Sons gets $218M gap loan in $400M debt deal with MetLife at 498 Seventh Avenue (May 08, 2020)

• Jamestown, George Comfort & Sons, Loeb Partners, borrow $410M from Wells Fargo for office property in Nomad (December 30, 2019)

• Swiss investor Afiaa pays $99M to ASB Capital Management and George Comfort & Sons for office property in Chelsea (October 31, 2019)

• Afiaa, the Swiss Foundation for International Real Estate Investments borrows $50M from Ing Capital for office property in Chelsea (October 31, 2019)

• New York Life Insurance Company filed a memorandum of lease amendment with George Comfort & Sons (August 22, 2019)

• George Comfort & Sons obtained financing of $26M from Bank Of China (August 06, 2019)

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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