Lightstone Group
Lender
299 Park Avenue, New York, NY 10171
1985 Cedarbridge Ave #1 Lakewood, NJ 0870
People:
Lightstone Group NYC portfolio
$2.2 billion -condo 38%, hotel 29%, elevator 28%; Manhattan 58%, Queens 18%, Brooklyn 15%*
100th largest portfolio by dollar value
3,388,388 sqft – elevator 50%, condo 29%, hotel 14%; Manhattan 36%, Bronx 31%, Queens 21%
124th largest by SF
47 properties – Manhattan 91%, Bronx 5%, Queens 2%
186th largest
2,631 residential units – Bronx 40%, Queens 23%, Manhattan 19%
110th largest by residential units
2 foreclosures, 291 bankruptcies, 871 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $27.2 million
Seller company: 3 for $91.7 million
Borrower company: 4 for $400.8 million
Lender company: 1 for $8.5 million
Developer (new building or major alteration): 1 for 332,498 square feet
Top Ten Associated Companies:
Signature Bank (6), New York Community Bank (6), Apollo Global Management (3), Banco Inbursa (2), Webster Bank (2), Reznik Paz Nevo Trusts (2), JLL (2), Western Alliance Bank (2), Goldman Sachs (2), Sofia Einy (2)
Top Ten Associated People:
Elizabeth Arato (5), Yonatan Whitehouse (2), Hillel Lazarus (2), Armando Estrada (2), Ben Beitel (2), Noah Julius (1), Kenneth Dowling (1), Albert Rabizadeh (1), Kim Carson (1), Shlomo Lambroza (1)
Recent activity as company:
• AB Capstone sold 34-27 45 Street for $27.2 million to Lightstone Group on March 13, 2026.
• Empire Management borrowed $8.5 million from Lightstone Group for 149-02 95 Avenue on December 29, 2025.
• Lightstone Group sold 485 7th Avenue and 485 7th Avenue, Garment District, Manhattan for $7.7 million to Global Asset Properties on October 31, 2025.
• Lightstone Group borrowed $28.8 million from Arbor Realty Trust for 269 West 94 Street on October 20, 2025.
• Lightstone Group borrowed $14.7 million from Apollo Global Management for 151 Bowery on August 15, 2025.
• Lightstone Group sold 355 Exterior Street for $43.4 million to Beitel Group on July 18, 2025.
• Lightstone Group sold 355 Exterior Street for $40.6 million to Beitel Group on July 18, 2025.
• Lightstone Group borrowed $290.1 million from Reznik Paz Nevo Trusts for 485 7th Avenue and N/A West 36th Street, Garment District, Manhattan on January 29, 2025.
• Lightstone Group borrowed $67.2 million from Apollo Global Management for 50-01 2 Street on January 28, 2025.
• Lightstone Group borrowed $86 million from Western Alliance Bank for 361 Bedford Avenue on April 19, 2024.
Latest Stories:
• Lightstone signs $28.8M refi with Arbor for 65-unit rental in Upper West Side (November 06, 2025)
• Beitel Group pays Lightstone $84M for two-building dev site in Mott Haven (July 25, 2025)
• Lightstone Group signs $67.2M refi with Apollo for 199-unit rental in LIC (February 06, 2025)
• Lightstone Group ups debt to $290.1M at Moxy Times Square (February 05, 2025)
• 3 Garment District properties with $52M Lightstone loan, placed in bankruptcy (September 27, 2024)
Court Records:
Properties:
