Khedouri Associates

333 5th Ave New York, NY 10016

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Company Activity past 24 months:

Seller company: 2 for $12 million

Top Ten Associated People:

Wolfe Landau (1), Boris Aronov (1)

Recent activity as company:

• Khedouri Associates sold None for $7.7 million to Aronov Development on January 20, 2026.

• Khedouri Associates ground leased 159-14 Hillside Avenue valued at $4.3 million to Watermark Capital Group on June 05, 2024.

• Khedouri Associates ground leased 2234 3 Avenue valued at $27.4 million to Real Estate Equities Corporation on March 04, 2020.

Latest Stories:

• Aronov Development pays $7.7M for retail in Jamaica Estates (February 03, 2026)

• Nightingale improperly invested $1M in REEC deal, $2.3M in SoHo: bankruptcy trustee (July 14, 2025)

• Raven Capital buys $40M note secured by REEC’s new office building in East Harlem (July 10, 2025)

• Watermark Capital files two plans in Jamaica with 196 total units (March 30, 2025)

• Watermark signs $4.3M ground lease in Jamaica for likely dev site, 7th buy in 2 years (June 11, 2024)

• REEC signs $40M construction loan with Related for East Harlem project Nightingale to buy (November 24, 2021)

• Nightingale Properties in contract to buy from Real Estate Equities Corp. mixed-use building in East Harlem (May 26, 2021)

• REEC to demolish two-story building in East Harlem where it signed $27M lease (October 21, 2020)

• Brandon Miller and Mark Seigel’s REEC inks 99-year ground lease valued at $27M in East Harlem (March 10, 2020)

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