Silverstein Properties
People:
Silverstein Properties NYC portfolio
$3.9 billion -office 69%, elevator 14%, condo 10%; Manhattan 94%, Queens 5%*
50th largest portfolio by dollar value
14,266,919 sqft – office 76%, condo 14%, elevator 8%; Manhattan 99%
25th largest by SF
13 properties – Brooklyn 81%, Manhattan 16%, Queens 1%
733th largest
1,815 residential units – Manhattan 80%, Queens 19%
171th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $672 million
Seller company: 2 for $764 million
Borrower company: 3 for $419.2 million
Top Ten Associated Companies:
Wells Fargo (4), Banco Inbursa (2), 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), City Parking (1)
Top Ten Associated People:
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), Ryan Jackson (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.
• Rudin Management sold 49 Beaver Street for $172.5 million to Silverstein Properties and Metro Loft Management on July 28, 2023.
• Silverstein Properties and Metro Loft Management borrowed $220 million from Banco Inbursa for 49 Beaver Street 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.
Latest Stories:
• Extell Development files plans for 58-unit tower in Lincoln Square (November 17, 2025)
• Extell files first two plans with 83 units on $931M Lincoln Square site (December 08, 2024)
• Namdar, partners sign $111.2M loan for Fifth Avenue office properties (September 28, 2023)
• Namdar, Empire Capital pay $107.6M to Silverstein for office in Grand Central (June 27, 2023)
Properties: