Pillar Property Management

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Pillar Property Management NYC portfolio

$142.1 million -development 35%, specialty 23%, walkup 17%; Bronx 69%, Queens 23%, Manhattan 7%*

1207th largest portfolio by dollar value

231,421 sqft – specialty 34%, office 33%, M1 11%; Queens 45%, Bronx 43%, Manhattan 11%

1436th largest by SF

12 properties – Bronx 75%, Queens 16%, Manhattan 8%

875th largest

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Seller company: 1 for $7 million

Borrower company: 2 for $39.5 million

Top Ten Associated People:

Mario Colon (1), Allison Moy (1), Bervin Harris (1), Chun Gun Park (1)

Recent activity as company:

Pillar Property Management sold 3491 3 Avenue for $7 million to Renaissance Youth Center on September 25, 2025.

Pillar Property Management and Bronx Academy of Promise Charter School borrowed $19 million from Self-Help Credit Union for 1370 Cromwell Avenue on March 27, 2025.

Pillar Property Management borrowed $20.5 million from Bank of Hope for 432B East 153 Street on October 09, 2024.

RCH Capital on March 15, 2024 bought a loan with an original principal of $3.6 million from Webster Bank, signed by John Burke, secured by 312 West 36 Street, when owned by Pillar Property Management.

Pillar Property Management borrowed $16 million from Bank of Hope for 1370 Cromwell Avenue on December 23, 2022.

Pillar Property Management borrowed $18.1 million from Dime Community Bank for None on November 15, 2022.

Rockwood Park Jewish Center sold 156-45 84 Street for $3.5 million to Pillar Property Management on September 01, 2022.

Pillar Property Management borrowed $17 million from Dime Community Bank for None on December 23, 2021.

Pillar Property Management borrowed $18.2 million from Dime Community Bank for None on July 02, 2021.

Pillar Property Management borrowed $14.6 million from Bank of America for None on November 21, 2019.

Latest Stories:

• Renaissance Youth Center pays $7M for building in Morrisania (October 09, 2025)

• Pillar Property, charter school sign $19M refi for new school in Mt Eden (April 03, 2025)

• RCH Capital buys $3.6M note secured by Garment District building (April 02, 2024)

• Pillar Property pays $3.5M to Rockwood Park Jewish Center for specialty in Howard Beach (September 09, 2022)

• Kiumarz Geula gets $14.8M construction loan from Bank Of Hope for project in Morrisania (February 09, 2021)

• Pillar Property files plans for a 42K sf community facility building in South Bronx (July 27, 2020)

• Kiumarz Geula’;s Pillar Property Management borrows $15M from Bank of America for property in Morrisania (December 11, 2019)

• Pillar Property obtained financing of $14M from Bank of Hope (September 05, 2019)

Court Records:

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Properties:

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