Sutton Management
(Glenmark Realty)
291 Broadway, 19th Floor New York, NY 10007
People:
Sutton Management NYC portfolio
$230.6 million* – office 36.0%, elevator 36.0%; Manhattan 67.0%, Brooklyn 32.0%
698th largest portfolio by dollar value
420,418 sqft – elevator 45%, office 35%;
721th largest by SF
11 properties – Brooklyn 54%, Manhattan 45%
700th largest
202 residential units – Manhattan 93%, Brooklyn 6%
919th largest by residential units
Company Activity past 24 months:
Seller company: 2 for $9.1 million
Borrower company: 2 for $15.7 million
Top Ten Associated Companies:
Santander Bank (2), Customers Bank (2), Hyman Azar (1), Bank of Montreal (1), Citibank (1), Argentic Investment Management (1), TD Bank (1), New York Community Bank (1), Signature Bank (1), Mou Chor Tung (1)
Top Ten Associated People:
Leo DiLoreto (2), Hyman Azar (1), Michael Birajiclian (1), Scott Detraglia (1), Margaret M. Fahy (1), Mou Chor Tung (1)
Recent activity as company:
• Sutton Management and Hyman Azar borrowed $8 million from Bank of Montreal for 54 East 170th Street, Mt Eden, Bronx on March 19, 2025.
• Sutton Management sold 54 East 170th Street, Mt Eden, Bronx for $7.1 million to Hyman Azar on March 19, 2025.
• Sutton Management sold 30-76 Steinway Street, Astoria, Queens for $2.1 million to Mou Chor Tung on February 22, 2024.
• Sutton Management borrowed $7.7 million from Santander Bank for 550 5th Avenue and 568 5th Avenue, South Slope, Brooklyn on January 05, 2024.
• Sutton Management borrowed $16.8 million from Citibank for 526 7th Avenue, Garment District, Manhattan on June 24, 2022.
• Sutton Management borrowed $22.3 million from Customers Bank for 620 West 143rd Street, Harlem, Manhattan on January 25, 2022.
• Sutton Management borrowed $17.1 million from Customers Bank for 605 West 161st Street, Washington Heights, Manhattan on January 25, 2022.
• Sutton Management borrowed $32 million from Argentic Investment Management for 386 Fulton Street and 390 Fulton Street, Downtown Brooklyn, Brooklyn on October 01, 2021.
• Sutton Management borrowed $15 million from Santander Bank for 2272 Fredrick Douglass Bl, Central Harlem, Manhattan on June 01, 2021.
• Sutton Management borrowed $8.1 million from Signature Bank for 54 East 170th Street, Longwood Melrose, Bronx on March 26, 2020.
Latest Stories:
• Sutton Management signs $16.8M refi with Citibank for office in Garment District (June 27, 2022)
• Sutton Management signs $15M refi with Santander Bank for rental in Central Harlem (June 02, 2021)
• Abraham Sutton borrows $8M from Signature Bank for retail in Longwood Melrose (March 27, 2020)
Properties: