Silverstein Properties

People:

To see the 10 people from this company you need a Professional level subscription

Subscribe ($125/month)

Silverstein Properties NYC portfolio

$3.9 billion -office 69%, elevator 14%, condo 10%; Manhattan 94%, Queens 5%*

61th largest portfolio by dollar value

14,266,919 sqft – office 76%, condo 14%, elevator 8%; Manhattan 99%

28th largest by SF

13 properties – Brooklyn 81%, Manhattan 16%, Queens 1%

835th largest

1,815 residential units – Manhattan 80%, Queens 19%

211th largest by residential units

0 foreclosures, 0 bankruptcies, 12 other court cases.

Company Activity past 24 months:

Seller company: 2 for $764 million

Borrower company: 3 for $419.2 million

Top Ten Associated Companies:

Wells Fargo (4), Banco Inbursa (2), 100 FREEDOM PLACE SOUTH I LLC (1), Goldman Sachs (1), Greystone & Co. (1), Bank of New York Mellon as trustee (1), AIG (1), Bank of America (1), Extell Development (1), New York Liberty Development Corporation (1)

Top Ten Associated People:

Aris Babayan (1), Siddharth Shrivastava (1), Laura Kane (1), Glenn Kunak (1), Jacob Baron (1), George L. Olsen (1), Jessica Fritts (1), Marc Kwestel (1), Richard Cotton (1), Rafael Llopiz (1)

Recent activity as company:

• Silverstein Properties sold 627 West 54 Street for $191.7 million to Affinius Capital on December 24, 2025.

• Premier Group and Silverstein Properties borrowed $160 million from FAB Bank for 30 Park Place, Financial District, Manhattan on December 05, 2025.

• Silverstein Properties and CalSTRS sold 1177 Avenue Of The Americas for $572.3 million to Norges Bank Investment Management and Beacon Capital Partners on September 15, 2025.

• Silverstein Properties borrowed $14.2 million from Bank of America for 533 11th Avenue, Hell’s Kitchen, Manhattan on January 23, 2025.

• Silverstein Properties borrowed $245 million from Goldman Sachs for One river place on August 01, 2024.

• JDS Development Group sold 9 Dekalb Avenue, 9 Dekalb Avenue, 9 Dekalb Avenue, 9 Dekalb Avenue, 9 Dekalb Avenue, and others, Downtown Brooklyn, Brooklyn for $672 million to Silverstein Properties on June 10, 2024.

• Silverstein Properties borrowed $130 million from Apollo Global Management for 120 John Street on December 20, 2023.

• Silverstein Properties and Metro Loft Management borrowed $220 million from Banco Inbursa for 49 Beaver Street on July 28, 2023.

• Rudin Management sold 49 Beaver Street for $172.5 million to Silverstein Properties and Metro Loft Management on July 28, 2023.

• Silverstein Properties sold 527 5 Avenue for $107.6 million to Namdar Realty Group and Empire Capital Holdings on June 22, 2023.