Rockrose Development
Lender
15 East 26th St 7th floor New York, NY 10010
People:
Rockrose Development NYC portfolio
$4.6 billion -elevator 58%, office 10%, development 10%; Manhattan 40%, Queens 37%, Brooklyn 22%*
38th largest portfolio by dollar value
7,530,505 sqft – elevator 61%, D4 11%, condo 9%; Queens 39%, Manhattan 37%, Brooklyn 22%
45th largest by SF
37 properties – Brooklyn 60%, Queens 23%, Manhattan 15%
252th largest
7,525 residential units – Queens 43%, Manhattan 33%, Brooklyn 22%
28th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $168 million
Borrower company: 6 for $572.6 million
Developer (new building or major alteration): 1 for 298,322 square feet
Top Ten Associated Companies:
Wells Fargo (8), Adams & Company (4), Equitable Financial Life Insurance Company (3), Landesbank Hessen-Thuringen Girozentrale (1), Deutsche Pfandbriefbank (1), MetLife (1), RGA Reinsurance Company (1), M&T Bank (1), Axa Equitable Life Insurance Company (1)
Top Ten Associated People:
David Levy (4), Christian Adrian (3), Michael Hofheinz (1), Frank S. Linneen (1), Daniel S. Wieman (1)
Recent activity as company:
• Rockrose Development for Peter Donohoe filed plans for major alteration for 298,322 sqft in Cobble Hill, Brooklyn, on April 10, 2026.
• SUNY Downstate Health Sciences University sold 113 Amity Street for $100 million to Rockrose Development on February 13, 2026.
• Rockrose Development borrowed $91 million from Wells Fargo for 182 Remsen Street on December 09, 2025.
• Rockrose Development borrowed $16 million from RGA Reinsurance Company for 43-33 21 Street on May 21, 2025.
• Rockrose Development borrowed $60 million from Equitable Financial Life Insurance Company for 517 West Street on April 23, 2025.
• Rockrose Development borrowed $51.2 million from Equitable Financial Life Insurance Company for None on April 09, 2025.
• Rockrose Development borrowed $249.4 million from Wells Fargo for 43-01 24 Street on November 01, 2024.
• Madison Realty Capital sold Long is college hospital n skywy for $65 million to Rockrose Development on August 16, 2024.
• Rockrose Development borrowed $105 million from Wells Fargo for 27-34 Jackson Avenue on August 15, 2024.
• Tony Greenberg sold 193 Joralemon Street for $3 million to Rockrose Development on May 29, 2024.
Latest Stories:
• Rockrose pays $100M to SUNY hospital for dev site in Cobble Hill (February 19, 2026)
• Rockrose signs $60M refi with Equitable for two rentals in West Village (May 07, 2025)
• Rockrose signs $51.2M modification with Equitable for office in Flatiron District (April 17, 2025)
• Rockrose signs $249.4M refi with Wells Fargo for 709-unit LIC rental (November 18, 2024)
• Rockrose pays $65M to Madison Realty for dev site in Cobble Hill (September 03, 2024)
Court Records:
Properties: