LeFrak

(LeFrak Organization)

40 West 57th St, New York, NY 10019

People:

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LeFrak NYC portfolio

$2.1 billion -elevator 79%, office 12%, condo 5%; Manhattan 68%, Queens 26%, Brooklyn 5%*

108th largest portfolio by dollar value

10,258,871 sqft – elevator 87%, office 10%, hotel 1%; Queens 58%, Manhattan 35%, Brooklyn 6%

32th largest by SF

53 properties – Brooklyn 72%, Queens 21%, Manhattan 6%

165th largest

8,958 residential units – Queens 63%, Manhattan 28%, Brooklyn 7%

17th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Seller company: 15 for $223.9 million

Borrower company: 6 for $169.2 million

Top Ten Associated People:

Alex T. Bruce (13), Chayim Kirschenbaum (9), Paul A. Kesicki (4), Marc Blumenfrucht (4), Craig Zajac (1), Ross Dahmen (1), Avi Singer (1), Brian Murn (1), Michael Bennett (1), Dennis Graham (1)

Recent activity as company:

• LeFrak borrowed $17 million from M&T Bank for 15 Gold Street on February 27, 2026.

• LeFrak borrowed $31 million from Bank of New York Mellon for 632 Columbus Avenue on January 14, 2026.

• LeFrak sold 84-20 Austin Street for $9.9 million to Iris Holdings Group on October 31, 2025.

• LeFrak sold 134-20 87 Avenue for $9 million to Iris Holdings Group on October 31, 2025.

• LeFrak sold 67-15 Dartmouth Street for $5.5 million to Iris Holdings Group on October 31, 2025.

• LeFrak sold 123-30 83 Avenue for $7.4 million to Iris Holdings Group on October 31, 2025.

• LeFrak sold 97-51 65 Road for $14.4 million to Iris Holdings Group on October 31, 2025.

• LeFrak sold 95-01 65 Road for $8.1 million to Iris Holdings Group on October 31, 2025.

• LeFrak sold 63-60 98 Street for $18.9 million to Iris Holdings Group on October 31, 2025.

• LeFrak sold 64-20 Saunders Street for $21.9 million to Iris Holdings Group on October 31, 2025.

Latest Stories:

• Janusz Sendowski signs $18.7M refi for two residential elevator properties in Bay Ridge (January 21, 2026)

• LeFrak signs $31M refi with Bank of New York Mellon for 231-unit rental in Upper West Side (January 20, 2026)

• Iris Holdings signs $114.5M acquisition loan with Greystone for nine rentals in Queens (December 04, 2025)

• Iris Holdings Group pays $9.9M to LeFrak for 68-unit rental in Kew Gardens, 13th of $180M (November 26, 2025)

• Iris Holdings pays $14.4M to LeFrak for Rego Park rental, second sale in 753-unit portfolio (November 11, 2025)

• Iris Holdings Group pays $18.9M to LeFrak for rental in Rego Park, part of larger affordable sale (November 10, 2025)

• Bogopa, Shorewood sign $60M construction loan with Affinius for 125-unit project in Jackson Heights (August 05, 2025)

• Sedesco pays $18.5M to Vornado, LeFrak for office, retail in Midtown West condo tower (July 02, 2025)

• HF Capital pays $24.4M to LeFrak for two rentals with 165 units combined in Bay Ridge (June 27, 2025)

• LeFrak signs $23M refi with Equitable for apartment building in Sutton Place (August 26, 2024)

Court Records:

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Properties:

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