Park-It Management
People:
Park-It Management NYC portfolio
$219.1 million* – industrial 62.0%, specialty 28.0%; Manhattan 94.0%, Bronx 4.0%
692th largest portfolio by dollar value
511,844 sqft – industrial 78.0%, specialty 17.0%;
592th largest by SF
15 properties – Manhattan 80%, Bronx 13%
575th largest
25 residential units – Brooklyn 68.0%, Manhattan 32.0%
2917th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $19.4 million
Borrower company: 7 for $105.2 million
Top Ten Associated Companies:
Nancy Anderson (3), Flagstar Bank (2), First Republic Bank (2), TriState Capital Bank (2), Jeffrey I. Farber (1), Barclays (1), Hugh Heller (1), Apple Bank for Savings (1), Silvershore Properties (1), JPMorgan Chase (1)
Top Ten Associated People:
John Feijoo (2), Jeffrey I. Farber (1), Paul Verdi (1), Hugh Heller (1), Robert Gambitsky (1), Cynthia Wang (1), Jonathan Cohen (1), Jason P. Hart (1), Peter Burack (1), Brian Ritter (1)
Recent activity as company:
• Park-It Management borrowed $15.2 million from TD Bank for 575 Washington Street, West Village, Manhattan on March 10, 2025.
• Park-It Management borrowed $8 million from Apple Bank for Savings for 119 East 28th Street, NoMad, Manhattan on June 18, 2024.
• Hugh Heller sold 148 West 20th Street, Chelsea, Manhattan for $4.8 million to Park-It Management and Gary Spindler on November 09, 2023.
• Park-It Management borrowed $5.9 million from Flagstar Bank for 221-229 Thompson Street, Greenwich Village, Manhattan on October 05, 2023.
• Park-It Management borrowed $5.4 million from Flagstar Bank for 403-407 Lafayette Street, NoHo, Manhattan on October 05, 2023.
• Park-It Management borrowed $5.1 million from TriState Capital Bank for 2621 Aqueduct Avenue West, Fordham Manor, Bronx on June 26, 2023.
• Peter Burack sold 2621 Aqueduct Avenue West, Fordham Manor, Bronx for $7.2 million to Park-It Management on June 20, 2023.
• Park-It Management borrowed $19 million from TriState Capital Bank for 4320 Broadway, Washington Heights, Manhattan on May 18, 2023.
• Churchill Real Estate Holdings and Sentinel Real Estate sold 8 Centre Market Place, Little Italy, Manhattan for $7.4 million to Park-It Management on April 28, 2023.
• Park-It Management borrowed $46.5 million from First Republic Bank for 160 West 124th Street, Harlem, Manhattan on April 10, 2023.
Latest Stories:
• Gary Spindler of Park-It pays $4.8M for parking in Chelsea (November 10, 2023)
• Park-It Management pays $7.2M for industrial in Fordham Manor (June 21, 2023)
• Park-It Management signs $19M refi for garage in Washington Heights (May 19, 2023)
• Gary Spindler pays $7.4M for Little Italy walkup, owns adjacent parking lot (May 01, 2023)
• Park-It Management signs $46.5M refi with First Republic in Harlem (April 12, 2023)
• Park-It Management pays $9.3M to Jeffrey Farber for UWS garage (September 23, 2021)
Properties: