Sapir Organization
(Sapir Corp., Sapir Realty Management)
People:
Sapir Organization NYC portfolio
$79.8 million -office 100%; Manhattan 100%*
1711th largest portfolio by dollar value
383,934 sqft – office 100%; Manhattan 100%
1004th largest by SF
0 foreclosures, 1 bankruptcy, 0 other court cases.
Company Activity past 24 months:
Seller company: 2 for $332.2 million
Borrower company: 1 for $60 million
Top Ten Associated Companies:
Rybak Development (1), AmTrust Realty (1), Mack Real Estate Group (1), Dan Hotels (1), Tel Aviv Stock Exchange bondholders (1), JPMorgan Chase (1)
Top Ten Associated People:
Sergey Rybak (1), Jonathan Bennett (1), Shlomo Tahan (1), Michael Friedman (1), Jessica Wong (1)
Recent activity as company:
• Sapir Organization sold 11 Crosby Street for $121 million to Dan Hotels on February 06, 2026.
• Sapir Organization sold 17 East 38 Street for $211.2 million to AmTrust Realty on December 05, 2025.
• Sapir Organization borrowed $60 million from Mack Real Estate Group for 23 East 38 Street on December 05, 2025.
• Sapir Organization sold 25 East 36 Street for $12 million to Rybak Development on December 14, 2023.
• Sapir Organization borrowed $200 million from JPMorgan Chase for 17 East 38 Street on December 08, 2022.
• Sapir Organization borrowed $90.1 million from Tel Aviv Stock Exchange bondholders for 11 Crosby Street on August 16, 2022.
Latest Stories:
• Sapir Organization signs $60M refi with Mack for office in Grand Central (December 15, 2025)
• AmTrust Realty pays $211.2M to Sapir Organization for office in Grand Central (December 11, 2025)
• Rybak Development files DOB plans for 26-unit building in Grand Central (June 21, 2024)
• Rybak Development pays $12M to Sapir for retail building in Grand Central (December 21, 2023)
Court Records:
Properties: