Klosed Properties
(Bluesky Group, Klosed Opportunistic Fund, Bluesky Development)
11 Middle Neck Road, Suite 201, Great Neck, New York 11021
9 Park Place, Third Floor Great Neck, NY 11021
People:
Klosed Properties NYC portfolio
$415.3 million -walkup 30%, elevator 20%, mixed-use 14%; Manhattan 56%, Brooklyn 23%, Bronx 19%*
584th largest portfolio by dollar value
1,268,579 sqft – walkup 30%, elevator 29%, condo 11%; Manhattan 50%, Brooklyn 26%, Bronx 21%
430th largest by SF
71 properties – Brooklyn 40%, Manhattan 31%, Bronx 22%
128th largest
936 residential units – Manhattan 53%, Bronx 23%, Brooklyn 20%
391th largest by residential units
5 foreclosures, 0 bankruptcies, 4 other court cases.
Notes
Bluesky Group is an asset management division of Klosed Properties.
Company Activity past 24 months:
Buyer company: 7 for $83.4 million
Seller company: 2 for $6.6 million
Borrower company: 3 for $61.6 million
Top Ten Associated Companies:
Preferred Bank (2), Reznik Paz Nevo Trusts (2), Metropolitan Commercial Bank (2), New York Community Bank (1), Mordechai Friedman (1), Dime Community Bank (1), Truist Bank (1), Orange Bank & Trust Company (1), Stacey Tawil (1), Ladder Capital (1)
Top Ten Associated People:
Hilah Ruth Iaulus (1), Mordechai Friedman (1), Louis Ciniglio (1), Nick Wang (1), Hillel Lazarus (1), Craig Zajac (1), Jay Shah (1), Stacey Tawil (1), Ronnie A. Miller (1), Mansour Farhadian (1)
Recent activity as company:
• Namdar Realty Group, Klosed Properties, Aaron Etessami and Ramin Abdolazadeh borrowed $26.6 million from Reznik Paz Nevo Trusts for 117 West 57 Street on June 18, 2026.
• Verbena Road Holdings sold 165 West 91st Street, Upper West Side, Manhattan for $2.3 million to Klosed Properties on February 17, 2026.
• Klosed Properties and Ebrani Holdings borrowed $1.8 million from ConnectOne Bank for 233 East 59 Street on November 03, 2025.
• Grundwerg Family sold 233 East 59 Street for $2.4 million to Klosed Properties and Ebrani Holdings on November 03, 2025.
• Namdar Realty Group and Klosed Properties borrowed $33.1 million from Blue Owl Capital for 85 Jay Street and 85 Jay Street, DUMBO, Brooklyn on July 28, 2025.
• CIM Group sold 85 Jay Street and 85 Jay Street, DUMBO, Brooklyn for $54.5 million to Namdar Realty Group and Klosed Properties on July 28, 2025.
• Nancy J. Haber sold 230 Fort Washington Avenue for $5 million to Namdar Realty Group and Klosed Properties on July 28, 2025.
• Klosed Properties sold 507 Myrtle Avenue for $4.2 million to Stacey Tawil on June 04, 2025.
• Klosed Properties and Ebrani Holdings sold 688 Washington Avenue for $2.4 million to Mansour Farhadian on May 29, 2025.
• Nightingale Properties ground leased 22 East 46 Street valued at $10.4 million to Namdar Realty Group and Klosed Properties on October 31, 2024.
Latest Stories:
• Klosed, Ebrani Holdings pay $2.4M for 14-unit walkup in Lenox Hill (November 17, 2025)
• Stacey Tawil pays $4.2M to Klosed Properties for mixed-use in Clinton Hill (June 18, 2025)
• Namdar, Klosed pay $5.2M for 22-unit walkup in Lower East Side (August 15, 2024)
• Namdar, Klosed acquire 21-unit Fordham Heights rental through foreclosure (July 29, 2024)
• Namdar, Klosed, partners, sign $147.1M refi for 20 properties in NYC (June 06, 2024)
• $8M Chinatown bankruptcy, $8M Washington Heights bankruptcy (December 05, 2023)
Court Records:
Properties: