Grid Group
Grid Group NYC portfolio
$175.2 million -industrial 50%, D3 28%, condo 10%; Manhattan 99%*
1047th largest portfolio by dollar value
125,153 sqft – D3 50%, condo 27%, industrial 13%; Manhattan 100%
2079th largest by SF
7 properties – Manhattan 100%
1436th largest
64 residential units – Manhattan 100%
2294th largest by residential units
Company Activity past 24 months:
Borrower company: 1 for $66.8 million
Developer (new building or major alteration): 1 for 28,501 square feet
Top Ten Associated Companies:
Midfirst Bank (2), Chelsea Real Estate Trust (1), Deutsche Bank (1), Valley National Bank (1), First Republic Bank (1), Northwind Group (1)
Top Ten Associated People:
Chris Jones (1), Christopher Harris (1), Alan J. Perlowitz (1), Ran Eliasaf (1)
Recent activity as company:
• Grid Group for Yiannes Einhorn filed plans for major alteration for 28,501 sqft in Chelsea, Manhattan, on September 10, 2025.
• Grid Group borrowed $66.8 million from Deutsche Bank for 148 West 21 Street on March 15, 2024.
• Grid Group borrowed $7.2 million from Midfirst Bank for 249 West 16 Street on December 13, 2023.
• Muriel Gould sold 249 West 16 Street for $8.4 million to Grid Group on December 13, 2023.
• Cityscapes Realty sold None for $16.9 million to Grid Group and Artimus on August 31, 2023.
• Grid Group and Cityscapes Realty borrowed $32 million from Valley National Bank for 1442 Amsterdam Avenue on October 13, 2022.
• New York City Housing Authority sold 1414 Amsterdam Avenue for $6 million to Grid Group and Cityscapes Realty on October 13, 2022.
• New York City Housing Authority sold 1414 Amsterdam Avenue for $21.5 million to Grid Group and Cityscapes Realty on October 13, 2022.
• Grid Group borrowed $25 million from First Republic Bank for 145 Central Park North, 145 Central Park North, 145 Central Park North, 145 Central Park North, 145 Central Park North, and others, None, Manhattan on September 22, 2022.
• Grid Group borrowed $8.5 million from Midfirst Bank for 148 West 21 Street on February 10, 2022.
Latest Stories:
• Artimus signs $220M refi with Bank Hapoalim for new 490-unit rental in Harlem (August 31, 2025)
• Gilbane Inc. signs $4.9M lease with NYCHA, borrows $445.9M for renovations (January 13, 2025)
• Artimus signs $210M construction loan for 490-unit development in Harlem (June 07, 2024)
• Grid Group signs $66.8M refi with Deutsche Bank for 22-unit project in Chelsea (April 11, 2024)
• Grid Group pays $8.4M for retail in Chelsea (January 11, 2024)
• Grid Group pays $31M for development site in Chelsea (September 03, 2021)
• Grid Group refis $37M with Northwind Group for development in Central Harlem (March 03, 2021)
Properties: