Macklowe Properties

Macklowe Properties NYC portfolio

$961.6 million* – condo 98%, elevator 1%; Manhattan 99%

185th largest portfolio by dollar value

1,073,690 sqft – condo 98%, elevator 1%;

339th largest by SF

2 properties – Manhattan 100%

2912th largest

590 residential units – Manhattan 100%

402th largest by residential units

0 foreclosures, 0 bankruptcies, 5 other court cases.

Company Activity past 24 months:

Seller company: 2 for $22.7 million

Borrower company: 1 for $664.5 million

Top Ten Associated Companies:

Fortress Investment Group (6), Emerald Creek Capital (1), Thinly Sliced Lox LLC (1), Deutsche Bank (1), Nahman Lichtenstein (1), Ramirez Asset Management (1)

Top Ten Associated People:

Mark Penna (1), Joshua Frank (1), David Addison (1), Shimon Lichtenstein (1), Samuel A. Ramirez Jr. (1)

Recent activity as company:

• Macklowe Properties sold 12 East 52nd Street, Midtown East, Manhattan for $14.8 million to Ramirez Asset Management on April 09, 2025.

• Macklowe Properties sold 17 East 47th Street, Midtown East, Manhattan for $7.9 million to Nahman Lichtenstein on April 08, 2025.

• Macklowe Properties borrowed $664.5 million from Deutsche Bank for 1 Wall Street, 1 Wall Street, 1 Wall Street, 1 Wall Street, 1 Wall Street, and others, Financial District, Manhattan on September 27, 2023.

• Macklowe Properties borrowed $15 million from Emerald Creek Capital for 12 East 52nd Street and 17 East 47th Street, Midtown East, Manhattan on February 13, 2023.

• Macklowe Properties borrowed $39.2 million from Fortress Investment Group for 12 East 52nd Street, 17 East 47th Street, and 5 East 51st Street, Midtown East, Manhattan on April 14, 2022.

• Macklowe Properties borrowed $7.7 million from Fortress Investment Group for 5 East 51st Street, 17 East 47th Street, and 12 East 52nd Street, Midtown, Manhattan on October 11, 2021.

• Macklowe Properties borrowed $5.9 million from Fortress Investment Group for 5 East 51st Street, 17 East 47th Street, and 12 East 52nd Street, Plaza District, Manhattan on June 21, 2021.

• Macklowe Properties borrowed $5.4 million from Fortress Investment Group for 5 East 51st Street, 17 East 47th Street, 12 East 52nd Street, Plaza District, Manhattan on October 16, 2020.

• Macklowe Properties sold 310 East 53rd Street, Midtown East, Manhattan for $2.2 million to Thinly Sliced Lox LLC on July 07, 2020.

• Macklowe Properties borrowed $191.8 million from Fortress Investment Group for 5 East 51st Street, 17 East 47th Street, 12 East 52nd Street, Plaza District, Manhattan on September 19, 2019.