REDA Holdings
57 West 57th Street, 4th floor, New York, NY 10019
People:
REDA Holdings NYC portfolio
$160.2 million -elevator 55%, walkup 34%, mixed-use 5%; Manhattan 65%, Brooklyn 34%*
1111th largest portfolio by dollar value
194,576 sqft – elevator 61%, walkup 29%, mixed-use 5%; Manhattan 54%, Brooklyn 45%
1592th largest by SF
13 properties – Manhattan 61%, Brooklyn 38%
794th largest
195 residential units – Manhattan 56%, Brooklyn 43%
1160th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $10.6 million
Borrower company: 1 for $12 million
Top Ten Associated Companies:
New York Community Bank (1), Amalgamated Bank (1), Citibank (1), Signature Bank (1), LMF Commercial (1), Dime Community Bank (1)
Top Ten Associated People:
Alan L. Kaufman (1), Louis Ciniglio (1)
Recent activity as company:
• Icon Realty Management sold 242 East 75 Street for $6.9 million to REDA Holdings on December 12, 2024.
• Related Companies sold 788 Classon Avenue for $3.7 million to REDA Holdings on June 25, 2024.
• REDA Holdings borrowed $12 million from LMF Commercial for 27 Peck Slip on June 25, 2024.
• Benchmark Real Estate Group sold 222 Pacific Street for $7 million to REDA Holdings on December 13, 2023.
• Bridge Investment Group sold 355 West Broadway for $7.5 million to REDA Holdings on November 14, 2023.
• Kushner Companies sold 56 North 1 Street for $34.9 million to REDA Holdings on January 30, 2023.
• REDA Holdings borrowed $23 million from Amalgamated Bank for 56 North 1 Street on January 30, 2023.
• Nir Sapir sold 766 Lafayette Avenue for $7.3 million to REDA Holdings on April 07, 2022.
• REDA Holdings borrowed $5.5 million from New York Community Bank for 240 East 75 Street on March 10, 2022.
• Benjamin Zalman and Alan J. Schnurman sold 27 Peck Slip for $8.7 million to REDA Holdings on March 09, 2022.
Latest Stories:
• REDA Holdings pays $6.9M to Icon for 20-unit walkup in Lenox Hill (December 23, 2024)
• REDA Holdings pays $3.7M to Related for 8-unit walkup in Crown Heights (July 23, 2024)
• REDA Holdings pays $7M to Benchmark for 10-unit walkup in Boerum Hill (January 04, 2024)
• REDA Holdings pays $7.5M to Bridge Investment Group for retail in SoHo (November 22, 2023)
• REDA Holdings pays $7.3M to Nir Sapir for 12-unit elevator rental in Bed Stuy (May 10, 2022)
• REDA Holdings pays $8.7M for mixed-use in FiDi next to prior $24.5M purchase (March 21, 2022)
• REDA Holdings pays $19.3M for rentals in Greenwich Village, Bed-Stuy (December 26, 2021)
Properties: