Premier Equities
People:
Premier Equities NYC portfolio
$453.5 million* – condo 66.0%, mixed-use 10.0%; Manhattan 84.0%, Queens 15.0%
368th largest portfolio by dollar value
318,598 sqft – condo 67%, mixed-use 10%;
860th largest by SF
33 properties – Manhattan 93%, Queens 6%
286th largest
95 residential units – Manhattan 100%, Bronx 0%
1465th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $27 million
Seller company: 4 for $71.5 million
Borrower company: 2 for $38.8 million
Top Ten Associated Companies:
Metropolitan Commercial Bank (5), Signature Bank (4), Riesenburger Properties (2), Elad Group (1), A10 Capital (1), Zucker Organization (1), Sound Point Capital (1), Eric Einstein (1), Justin Buchanan (1), Mountain High Investments Inc. (1)
Top Ten Associated People:
Dennis Graham (2), Ross Dahmen (2), Regina Riesenburger (2), Orly Daniell (1), Donald Zucker (1), Eric Einstein (1), Steven H. Hagen (1), Kenneth Kahn (1), Ashish R. Parikh (1), Avi Lieberman (1)
Recent activity as company:
• Riesenburger Properties sold 3909/3911 Main Street, Flushing, Queens for $27 million to Premier Equities on February 03, 2025.
• Premier Equities sold 255 10th Avenue, Chelsea, Manhattan for $2.2 million to company on September 12, 2024.
• Riesenburger Properties sold 39-09/39-11 Main Street, Flushing, Queens for $0 to Premier Equities on August 08, 2024.
• Premier Equities borrowed $6.8 million from Flushing Bank for 169 West 95th Street, Upper West Side, Manhattan on July 09, 2024.
• Premier Equities sold 1141 Broadway, NoMad, Manhattan for $47.8 million to Azora Exan on June 21, 2024.
• Premier Equities sold 45 East 7th Street, East Village, Manhattan for $14.2 million to Mountain High Investments Inc. on August 11, 2023.
• Premier Equities borrowed $32 million from Israel Discount Bank for 1141 Broadway, NoMad, Manhattan on July 24, 2023.
• Premier Equities sold 674 9th Avenue, Hell’s Kitchen, Manhattan for $7.2 million to Eric Einstein and Justin Buchanan on April 03, 2023.
• Premier Equities borrowed $12.8 million from Signature Bank for 1151-1153 Broadway, NoMad, Manhattan on November 16, 2022.
• Angelo Gordon and Premier Equities borrowed $17.6 million from Metropolitan Commercial Bank for 2250 Broadway, Upper West Side, Manhattan on October 04, 2022.
Latest Stories:
• Premier Equities pays $27M to Riesenburger Properties for retail in Flushing (February 03, 2025)
• Premier Equities in contract to buy Main Street retail in Flushing (August 09, 2024)
• Azora Exan pays $47.8M to Premier Equities for hotel in NoMad (June 24, 2024)
• Premier Equities signs $32M refi for hotel in NoMad (July 25, 2023)
• Elad Group signs $140.3M construction loan for 42-unit condo in Lenox Hill (May 08, 2023)
• Bar owners pay $7.2M to Premier Equities for retail in Hell’s Kitchen (April 04, 2023)
• Elad Group pays $61M to Premier Equities for 3 parcels of dev site in Lenox Hill (May 16, 2022)
Properties: