MRR Development

450 Park Avenue, 22nd Floor, New York, NY 10022

600 Madison Ave 20th Fl New York, NY 10065

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$188.2 million -development 63%, mixed-use 24%, retail 5%; Manhattan 100%*

1011th largest portfolio by dollar value

38,331 sqft – retail 39%, office 27%, walkup 17%; Manhattan 100%

3951th largest by SF

12 properties – Manhattan 100%

856th largest

156 residential units – Manhattan 100%

1369th largest by residential units

MRR Development, a Manhattan-based real estate firm that was co-founded by Rotem Rosen and the Indian billionaire Anand Mahindra.

Borrower company: 1 for $200 million

Cliffton Hill (1)

• MRR Development borrowed $200 million from Bank Hapoalim for 129 East 56 Street on June 02, 2026.

• MRR Development borrowed $170 million from Bank OZK for None on December 02, 2022.

• Marin Management sold 52 East 76 Street for $6.8 million to MRR Development on October 07, 2021.

• MRR Development borrowed $10 million from Israel Discount Bank for 129 East 56 Street on August 10, 2021.

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