Skyline Developers

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Skyline Developers NYC portfolio

$775.6 million -elevator 36%, office 31%, mixed-use 16%; Manhattan 95%, Brooklyn 4%*

294th largest portfolio by dollar value

1,331,788 sqft – elevator 47%, office 24%, mixed-use 16%; Manhattan 84%, Brooklyn 15%

372th largest by SF

22 properties – Manhattan 95%, Brooklyn 4%

448th largest

755 residential units – Manhattan 100%

424th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $19.2 million

Seller company: 2 for $81.2 million

Borrower company: 2 for $77.4 million

Top Ten Associated People:

Richard Napolitano (1), William R. Berkley (1), Jordan Vogel (1), Michael T. Seeley (1)

Recent activity as company:

• Skyline Developers borrowed $59.4 million from Goldman Sachs for 185 East 80 Street on February 19, 2026.

• Brodsky Organization sold 185 East 80 Street for $19.2 million to Skyline Developers on February 19, 2026.

• Skyline Developers sold 11 West 54 Street for $38.2 million to William R. Berkley Foundation on June 10, 2025.

• Skyline Developers borrowed $18 million from JPMorgan Chase for Leman manhattan prep lower schl on April 29, 2025.

• Skyline Developers sold 24 Avenue B for $43 million to Benchmark Real Estate Group on April 22, 2024.

• Skyline Developers borrowed $135.2 million from Goldman Sachs for None on March 22, 2023.

• Maria Armendariz sold 185 East 80 Street for $16.7 million to Skyline Developers on October 11, 2022.

• Maria Armendariz sold 1410 3 Avenue for $16.7 million to Skyline Developers on October 11, 2022.

• Maria Armendariz sold 1418 3 Avenue for $16.7 million to Skyline Developers on October 11, 2022.

• University Club sold 10 West 55 Street for $0 to Skyline Developers on December 13, 2021.

Latest Stories:

• Skyline Developers sells Midtown West landmark to Florida nonprofit for $38.2M (June 16, 2025)

• Skyline Developers signs $18M refi for private school building in FiDi (May 06, 2025)

• Benchmark Real Estate pays $43M to Skyline Developers for 61-unit rental in Alphabet City (April 29, 2024)

• Skyline Developers signs $135.2M loan with Goldman Sachs for 96-unit dev site in Midtown West (April 04, 2023)

• Skyline Developers pays $50M for 4-parcel corner dev site in Carnegie Hill (October 13, 2022)

• Skyline Developers to pay University Club to build 10-feet higher in Midtown West (January 17, 2022)

• Northeast Bank refis $7M loan for 36 rental units on the Upper East Side (November 23, 2020)

• Leonard Wilf’s Garden Homes files plans a 152K sf mixed-use building in Plaza District. (May 11, 2020)

• Leonard Wilf’s Garden Homes borrows $20M from Capital One to refi prep school property in Financial District (May 07, 2020)

• Wilf family pays $11M for Midtown parcel (August 19, 2019)

Properties:

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