Sorgente Group

Sorgente Group NYC portfolio

$266 million* – office 100%; Manhattan 100%, Bronx 0%

612th largest portfolio by dollar value

183,449 sqft – office 100%;

1320th largest by SF

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $47 million

Seller company: 2 for $47 million

Borrower company: 3 for $260 million

Top Ten Associated Companies:

Apple Bank for Savings (2), Brodsky Organization (2), GFP Real Estate (2), Sorgente Group (2), Tyko Capital (1)

Top Ten Associated People:

Cynthia Wang (2), J. Dean Amro (2), Adi Chugh (1)

Recent activity as company:

Brodsky Organization, GFP Real Estate and Sorgente Group borrowed $200 million from Tyko Capital for 175 Fifth Avenue, Flatiron District, Manhattan on November 01, 2024.

Brodsky Organization, GFP Real Estate and Sorgente Group borrowed $30 million from Apple Bank for Savings for 171 5th Avenue, Flatiron District, Manhattan on December 01, 2023.

Brodsky Organization, GFP Real Estate and Sorgente Group borrowed $30 million from Apple Bank for Savings for 175 Fifth Avenue, Flatiron District, Manhattan on November 09, 2023.

GFP Real Estate, Nathan Silverstein, Gregg Schenker and Sorgente Group sold 175 Fifth Avenue, Flatiron District, Manhattan for $6.7 million to Brodsky Organization, GFP Real Estate and Sorgente Group on November 09, 2023.

GFP Real Estate, Nathan Silverstein, Gregg Schenker and Sorgente Group sold 175 Fifth Avenue, Flatiron District, Manhattan for $40.2 million to Brodsky Organization, GFP Real Estate and Sorgente Group on November 09, 2023.

Court Records:

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Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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