Madison International Realty
Lender
410 Park Avenue, 10th Floor New York, New York 10022
300 Park Avenue 3rd Floor New York, NY 10022
People:
Madison International Realty NYC portfolio
$396.3 million -condo 31%, walkup 23%, mixed-use 22%; Brooklyn 64%, Queens 22%, Manhattan 12%*
556th largest portfolio by dollar value
1,694,326 sqft – mixed-use 45%, elevator 22%, condo 22%; Brooklyn 77%, Manhattan 12%, Queens 10%
292th largest by SF
15 properties – Manhattan 33%, Brooklyn 33%, Queens 33%
679th largest
691 residential units – Queens 40%, Manhattan 34%, Brooklyn 24%
457th largest by residential units
1 foreclosure, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Borrower company: 1 for $93 million
Top Ten Associated Companies:
Voya Investment Management (1), RSS UBSBB2013-C6-NY MCS LLC (1), Simone Development Companies (1), Infinity Real Estate (1), Citibank (1), Goldman Sachs (1)
Top Ten Associated People:
Jason Tessler (1), Adam Singer (1), Joseph Simone (1), Tracey Spiritus (1), Timothy Richards (1)
Recent activity as company:
• Madison International Realty borrowed $93 million from Citibank and Goldman Sachs for 139 Flatbush Avenue, Fort Greene, Brooklyn on October 18, 2024.
• Madison International Realty borrowed $69 million from Voya Investment Management for Atlantic center mall on March 18, 2024.
• Madison International Realty ground leased 110 Court Street valued at $23 million to RSS UBSBB2013-C6-NY MCS LLC on October 24, 2023.
• Madison International Realty ground leased 1716 Eastchester Road valued at $12 million to Simone Development Companies on October 02, 2023.
• Madison International Realty for Sal Ariganello filed plans for new building for 119,428 sqft in Elmhurst, Queens, on November 04, 2022.
• Madison International Realty sold 2535 Richmond Avenue for $31.5 million to Infinity Real Estate on March 03, 2020.
• Richard Cohen borrowed $122.7 million from Madison International Realty for 119 Broadway on March 03, 2020.
• Urban American Management sold 25-78 33 Street for $16.6 million to Madison International Realty on December 20, 2019.
• Urban American Management sold 170 North 5 Street for $11.2 million to Madison International Realty on December 20, 2019.
• Urban American Management sold 121 Beach 122 Street for $14.5 million to Madison International Realty on December 20, 2019.
Latest Stories:
• LNR files $100M pre-foreclosure alleging Queens Place Mall loan in default (January 25, 2026)
• MSquared pays $4.8M to Urban American for 117-unit rental in East Flatbush (April 10, 2025)
Court Records:
Properties: