Minrav Development
(Minrav Group)
540 Madison Avenue #16b New York, NY 10022
255 West 88th Street, Apt. 11d New York, NY 10024
People:
Minrav Development NYC portfolio
$191.4 million -development 58%, condo 23%, industrial 14%; Manhattan 100%*
991th largest portfolio by dollar value
105,297 sqft – condo 68%, elevator 31%; Manhattan 100%
2305th largest by SF
9 properties – Manhattan 100%
1130th largest
143 residential units – Manhattan 100%
1422th largest by residential units
Company Activity past 24 months:
Borrower company: 4 for $111.3 million
Top Ten Associated Companies:
Bank Leumi (2), Israel Discount Bank (2), Bank Hapoalim (2), Tel Aviv Stock Exchange bondholders (1), Northwind Group (1)
Top Ten Associated People:
Oren Sapirstein (1), Daniel Miller (1), Ryan Shay (1), Tal Michaelson (1)
Recent activity as company:
• Minrav Development borrowed $5.2 million from Israel Discount Bank for 343 East 17 Street on July 17, 2025.
• Mordehy Haber and Minrav Development borrowed $21.4 million from Israel Discount Bank for 343 East 17 Street on July 17, 2025.
• Minrav Development borrowed $63 million from Northwind Group for 311 1 Avenue on August 30, 2024.
• Minrav Development borrowed $21.8 million from Tel Aviv Stock Exchange bondholders for 368 Third Avenue, 368 Third Avenue, 368 Third Avenue, 368 Third Avenue, 368 Third Avenue, and others, Kips Bay, Manhattan on March 21, 2024.
• The seller sold None for $6.5 million to Minrav Development on November 15, 2022.
• Minrav Group borrowed $100.6 million from Bank Leumi for 368 Third Avenue, 368 Third Avenue, 368 Third Avenue, 368 Third Avenue, 368 Third Avenue, and others, Kips Bay, Manhattan on February 15, 2022.
• Minrav Development for Yehuda Mor filed plans for new building for 28,937 sqft in Gramercy, Manhattan, on March 26, 2021.
• Minrav Development for Yehuda Mor filed plans for new building for 55,321 sqft in Gramercy, Manhattan, on February 10, 2021.
• CIM Group sold 343 East 17 Street for $12 million to Minrav Development on February 05, 2020.
• CIM Group sold 311 1 Avenue for $28.5 million to Minrav Development on February 05, 2020.
Latest Stories:
• Minrav Development pays $28.5M to CIM Group for development site in Gramercy (February 12, 2020)
• Minrav Development borrows $18M from Bank Leumi for property in Gramercy (February 12, 2020)
Properties: