Ritz Tower cooperative
Ritz Tower cooperative portfolio
$61.7 million* – condo 91%, retail 8%; Manhattan 100%, Bronx 0%
824th largest portfolio by dollar value
216,585 sqft – condo 98%, retail 1%;
1122th largest by SF
2 properties – Manhattan 100%, Bronx 0%
2972th largest
134 residential units – Manhattan 100%, Bronx 0%
1163th largest by residential units
Top Ten Associated Companies:
Principal Life Insurance Company (1)
Top Ten Associated People:
Lindsay Janke (1), Julie M. Williams (1)
Recent activity as company:
• Ritz Tower cooperative borrowed $32 million from Principal Life Insurance Company for 465 Park Avenue and 101 East 57th Street, Midtown East, Manhattan on September 18, 2023.
Properties:
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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.