GFP Real Estate
(Newmark Holdings)
515 Madison Avenue, 15th Floor New York, NY 10022
People:
GFP Real Estate NYC portfolio
$2.7 billion -office 77%, condo 4%; Manhattan 98%, Brooklyn 1%*
88th largest portfolio by dollar value
6,465,430 sqft – office 94%, condo 3%, industrial 1%; Manhattan 97%, Brooklyn 1%
69th largest by SF
28 properties – Manhattan 90%, Bronx 4%, Brooklyn 4%
400th largest
2,116 residential units – Manhattan 100%
172th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Other Links:
https://www.prnewswire.com/news-releases/newmark-holdings-becomes-gfp-real-estate-300529743.html
Notes
GFP Real Estate is the holding company for the Gural family, which founded the brokerage Newmark.
Company Activity past 24 months:
Buyer company: 1 for $237.5 million
Seller company: 1 for $27 million
Borrower company: 10 for $1 billion
Developer (new building or major alteration): 3 for 1,037,990 square feet
Top Ten Associated Companies:
Apple Bank for Savings (8), JPMorgan Chase (3), Fortress Investment Group (3), Brodsky Organization (2), GFP Real Estate (2), Sorgente Group (2), BDT & MSD Partners (2), Derby Lane Partners (2), Bank of New York Mellon (1), New York Psychotherapy and Counseling Center (1)
Top Ten Associated People:
Cynthia Wang (9), J. Dean Amro (2), Bruce Ferguson (1), Elliot Klein (1), Dario Zar (1), Adam Piekarski (1), Eric Rosenbaum (1), Thomas Russo (1), Jennifer Smith (1), Ran Eliasaf (1)
Recent activity as company:
• GFP Real Estate and TPG Real Estate Partners borrowed $44 million from BDT & MSD Partners for 22 Ann Street on July 09, 2026.
• GFP Real Estate borrowed $95 million from Bank of New York Mellon for Harvey milk hs on July 07, 2026.
• GFP Real Estate borrowed $63.3 million from Derby Lane Partners for 42 Exchange Place on January 30, 2026.
• GFP Real Estate borrowed $191.5 million from Derby Lane Partners for 42 Exchange Place on January 30, 2026.
• Edge Fund Advisors and HSBC sold 1540 Broadway, Times Square, Manhattan for $237.5 million to BDT & MSD Partners and GFP Real Estate on December 31, 2025.
• GFP Real Estate borrowed $86.5 million from Apple Bank for 41 East 53 Street on December 30, 2025.
• GFP Real Estate for David Kaye filed plans for new building for 57,984 sqft in Hell’s Kitchen, Manhattan, on December 18, 2025.
• GFP Real Estate borrowed $83 million from TD Bank for 566 Broadway on December 15, 2025.
• GFP Real Estate for Miroslaw Karwowski filed plans for major alteration for 255,799 sqft in Financial District, Manhattan, on July 02, 2025.
• GFP Real Estate borrowed $50 million from Northwind Group for 42 Exchange Place on December 20, 2024.
Latest Stories:
• GFP files plans for 51-unit building in Hell’;s Kitchen (December 22, 2025)
• Zar Property signs $36M loan for recent purchases in Midtown West, Flatiron (December 16, 2024)
• Zar Property NY pays $27M to GFP for office in Midtown West (December 06, 2024)
• Brodsky, GFP, Sorgente plan 39 condo units in Flatiron Building (September 06, 2024)
• GFP, TPG submit plans for 798-unit conversion of FiDi commercial tower (August 12, 2024)
Court Records:
Properties: