Korein family
Korein family NYC portfolio
$279.9 million* – office 85%, elevator 14%; Manhattan 100%
599th largest portfolio by dollar value
650,373 sqft – elevator 59%, office 40%;
515th largest by SF
2 properties – Manhattan 100%
2951th largest
297 residential units – Manhattan 100%
689th largest by residential units
Top Ten Associated Companies:
Wafra Inc. (2), Apple Bank for Savings (2), Waterman Interests (1)
Top Ten Associated People:
Elchonon ‘Elie’ Schwartz (1), Cynthia Wang (1), Elie Schwartz (1)
Recent activity as company:
• Korein family sold 111 Wall Street, Financial District, Manhattan for $220 million to Wafra Inc. on June 10, 2021.
• Korein family borrowed $30 million from Apple Bank for Savings for 240 Central Park South, Central Park South, Manhattan on November 25, 2020.
• Korein family borrowed $30 million from Apple Bank for Savings for Lever House at 390 Park Avenue, Plaza District, Manhattan on November 01, 2020.
• Korein family sold 111 Wall Street, Financial District, Manhattan for $0 to Wafra Inc. on July 13, 2020.
• Korein family sold 390 Park Avenue, Plaza District, Manhattan for $240 million to Waterman Interests on May 20, 2020.
Latest Stories:
• Nightingale, Wafra pay $220M to Korein family for ground-leased fee in FiDi (June 24, 2021)
• Nightingale records contract to buy 111 Wall Street fee from Korein family (October 21, 2020)
• Nightingale, Wafra file second rehab plan at 111 Wall Street since $175M purchase (July 08, 2020)
• Nightingale, Wafra file first renovation since $175M purchase of 111 Wall Street (June 05, 2020)
• Waterman, Brookfield lease at Lever House with Korein family valued at $240M (May 28, 2020)
• Waterman, Brookfield pick up Lever House ground lease from RFR (May 27, 2020)
Properties: