Olnick Organization
People:
Olnick Organization NYC portfolio
$732.1 million* – elevator 66%, office 33%; Manhattan 78%, Bronx 21%
227th largest portfolio by dollar value
2,783,639 sqft – elevator 89%, office 10%;
120th largest by SF
10 properties – Manhattan 90%, Bronx 10%
839th largest
2,319 residential units – Manhattan 75%, Bronx 24%
99th largest by residential units
Company Activity past 24 months:
Borrower company: 1 for $0
Top Ten Associated Companies:
First Republic Bank (2), Lone Star Funds (1), New York Community Bank (1), Capital One (1), family of late real estate investor Charles Goldner (1), Taurus Investment Holdings (1)
Top Ten Associated People:
James C. Ricca (1)
Recent activity as company:
• Olnick Organization borrowed $0 from Lone Star Funds for 130 5th Avenue, Flatiron District, Manhattan on March 27, 2025.
• Olnick Organization borrowed $77 million from New York Community Bank for 130 Fifth Avenue, Flatiron District, Manhattan on August 01, 2022.
• Olnick Organization borrowed $105 million from First Republic Bank for 63 Prince Street, Nolita, Manhattan on December 24, 2019.
• Olnick Organization borrowed $50 million from First Republic Bank for 360 Amsterdam Avenue, the Upper West Side, Manhattan on November 22, 2019.
• family of late real estate investor Charles Goldner sold 360 Amsterdam Avenue, the Upper West Side, Manhattan for $106.4 million to Olnick Organization on November 22, 2019.
• Olnick Organization borrowed $10 million from Capital One for 542 West 153rd Street, Hamilton Heights, Manhattan on October 30, 2019.
• Taurus Investment Holdings sold 542 West 153rd Street, Hamilton Heights, Manhattan for $19 million to Olnick Organization on October 30, 2019.
Latest Stories:
• Lone Star buys $220M in debt secured by Olnick, RXR, Handler, Shamie properties (March 28, 2025)
• Olnick Organization signs $77M refi for office building in Flatiron District (August 02, 2022)
• Gould Investors borrows $25M from AIG for retail portion of property in Flatiron (June 11, 2020)
Properties: