Silk & Halpern Realty Associates

Silk & Halpern Realty Associates NYC portfolio

Company Activity past 24 months:

Seller company: 1 for $8.6 million

Top Ten Associated Companies:

Apple Bank for Savings (2), AEW Capital Management (1), Sioni Group (1), Cerco Funding (1)

Top Ten Associated People:

Payman Yadidi (1), Peter F. Cervinka (1)

Recent activity as company:

• Silk & Halpern Realty Associates ground leased 136 East 57 Street valued at $8.6 million to Cerco Funding on February 19, 2025.

• Silk & Halpern Realty Associates sold 8 East 45 Street for $26.8 million to Sioni Group on September 08, 2023.

• Silk & Halpern Realty Associates borrowed $13.5 million from Apple Bank for Savings for 40 East 49 Street on March 11, 2020.

• Silk & Halpern Realty Associates borrowed $9.2 million from Apple Bank for Savings for 136 East 57 Street on February 14, 2020.

• Silk & Halpern Realty Associates ground leased 136 East 57 Street valued at $42.8 million to AEW Capital Management on August 01, 2019.

Latest Stories:

• CSC Real Estate pays $10M to Cerco Funding for office in Midtown East (March 09, 2026)

• Cerco Funding acquires $8.6M Midtown East office ground lease after AEW, ABS default (March 07, 2025)

• AEW, ABS offer to turn over $42.77M Midtown East ground lease to lender Cerco (December 26, 2023)

• Sioni Group pays $26.8M to Silk &; Halpern for office in Grand Central (September 19, 2023)

• ABS Partners, Silk &; Halpern file plans for $3M rehab of Plaza District office building (July 08, 2020)

• Silk &; Halpern borrows $14M from Apple Bank to refi office property in Plaza District (April 16, 2020)

• Silk &; Halpern borrows $9M from Apple Bank for ground-leased fee in Plaza District (March 04, 2020)

• ABS and AEW ink 99-year net lease valued at $43M with Silk &; Halpern Realty (August 21, 2019)

Properties: