Parkoff Organization
People:
Parkoff Organization NYC portfolio
$1.3 billion -elevator 70%, walkup 18%, office 6%; Manhattan 45%, Brooklyn 23%, Bronx 16%*
176th largest portfolio by dollar value
6,145,433 sqft – elevator 78%, walkup 16%, office 1%; Manhattan 32%, Brooklyn 30%, Bronx 22%
67th largest by SF
108 properties – Manhattan 44%, Brooklyn 28%, Bronx 13%
56th largest
5,952 residential units – Manhattan 32%, Brooklyn 31%, Bronx 21%
43th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $290 million
Seller company: 2 for $42.2 million
Borrower company: 6 for $54.4 million
Top Ten Associated Companies:
New York Community Bank (32), Signature Bank (9), Esquire Bank (4), Flagstar Bank (3), Skybrook Capital (1), Booth 21 LLC (1), 1420 Associates LLC (1), Booth 45 LLC (1), 401 Realty LLC (1), Dime Community Bank (1)
Top Ten Associated People:
Daniel M. Bagatta (9), Alan L. Kaufman (7), John Feijoo (4), Gail Naviasky (3), Steven Dorritie (2), Joseph Biancoviso (1), Murray Mackinnon (1), Peter Castro (1), Kenneth S. Horn (1), John P. McCarthy (1)
Recent activity as company:
• Maurice Regan on March 25, 2026 bought a loan with an original principal of an unknown amount from the prior lender, secured by 114 East 55 Street, when owned by Parkoff Organization.
• Parkoff Organization borrowed $4.8 million from Customers Bank for 260 Lenox Road on August 13, 2025.
• Parkoff Organization borrowed $15.7 million from Ellington Management Group for 37-19 35 Avenue on July 24, 2025.
• Parkoff Organization sold 1187 1 Avenue for $34 million to HUBB NYC on January 10, 2025.
• Parkoff Organization borrowed $11 million from Skybrook Capital for 37-19 35 Avenue on January 08, 2025.
• Parkoff Organization and Bronstein Properties borrowed $5.1 million from Deutsche Bank for 514 West 213 Street on August 29, 2024.
• Bronstein Properties and Parkoff Organization borrowed $17.7 million from Citibank for 47-02 43 Avenue on August 29, 2024.
• Parkoff Organization sold 1482 1 Avenue for $8.2 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on August 28, 2024.
• Bronstein Properties and JP Morgan Asset Management sold 2162 Caton Avenue for $290 million to Parkoff Organization and Bronstein Properties on June 18, 2024.
• Parkoff Organization borrowed $10.1 million from Flagstar Bank for 780 Pelham Parkway South on February 01, 2023.
Latest Stories:
• HUBB NYC signs $15.7M initial loan with JLL for 60-unit rental in Lenox Hill (May 19, 2025)
• HUBB NYC pays $34M to Parkoff for 60-unit rental in Lenox Hill (January 17, 2025)
• Jackson Group acquires Lenox Hill retail through ground lease with Churchill (July 29, 2024)
• Parkoff, others, recap nearly 2K-unit Bronstein portfolio valued at about $290M (July 08, 2024)
• Churchill buys $40M note secured by its own 33-unit rental in Lenox Hill (October 05, 2022)
Court Records:
Properties: