Corem Property Group
(Corem USA, Klovern, Corem Kelly AB, Klövern)
Riddargatan 13 C, 114 51 Stockholm
People:
Corem Property Group NYC portfolio
$30.7 million -mixed-use 99%; Manhattan 99%*
2853th largest portfolio by dollar value
4,300 sqft – mixed-use 100%; Manhattan 100%
7476th largest by SF
2 properties – Manhattan 100%
3851th largest
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Notes
Website: In 2021, Klövern merged with Corem Property Group. Under the name Corem, we continue to own, develop and manage properties for the future – with an unchanged focus on being close to you as a customer.
Company Activity past 24 months:
Seller company: 2 for $332.5 million
Top Ten Associated Companies:
Extell Development (1), Capstone Equities (1), Nordic Trustee & Agency (1)
Top Ten Associated People:
Gary Barnett (1), Avi Kollenscher (1), Adam Kastengren Sandberg (1)
Recent activity as company:
• Corem Property Group and GDSNY sold 108 East 55 Street for $251.7 million to Extell Development on April 17, 2026.
• Corem Property Group sold 326 7 Avenue for $80.8 million to Capstone Equities on November 18, 2025.
• Corem Property Group and GDS Development borrowed $140 million from Nordic Trustee & Agency for 108 East 55 Street on March 07, 2022.
• Neil Wainland sold None for $17.7 million to Klovern on September 21, 2020.
• Kl’vern AB borrowed $100 million from Klovern for 108 East 55 Street on June 01, 2020.
• 417 Park Avenue co-op unit owners sold 108 East 55 Street for $11.5 million to Klovern on February 18, 2020.
Latest Stories:
• Toll Brothers pays $53M to Benny Barmapov for dev site in Chelsea (February 25, 2026)
• GDSNY, Corem up debt to $140M for dev site in Midtown East (March 17, 2022)
• GDSNY, Klövern, pay $30.7M for mixed-use building to add to Plaza District dev site (May 12, 2021)
• Klövern, GDSNY acquire air rights, easement valued at $17.7M in Chelsea (October 06, 2020)
• Benny Barmapov pays $9M to Neil Wainland for property in Chelsea (October 06, 2020)
Properties: