Sutton Management

(Glenmark Realty)

291 Broadway, 19th Floor New York, NY 10007

People:

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Sutton Management NYC portfolio

$156.1 million -elevator 46%, mixed-use 21%, office 14%; Manhattan 60%, Brooklyn 32%, Bronx 6%*

1137th largest portfolio by dollar value

288,501 sqft – elevator 61%, condo 12%, mixed-use 10%; Manhattan 68%, Brooklyn 26%, Bronx 5%

1223th largest by SF

9 properties – Manhattan 44%, Brooklyn 44%, Bronx 11%

1147th largest

189 residential units – Manhattan 100%

1192th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Seller company: 3 for $61.9 million

Borrower company: 1 for $8 million

Top Ten Associated Companies:

Santander Bank (2), Customers Bank (2), TD Bank (1), New York Community Bank (1), Signature Bank (1), Bank of Montreal (1), Hyman Azar (1), Mou Chor Tung (1), Argentic Investment Management (1), William Macklowe Company (1)

Top Ten Associated People:

Leo DiLoreto (2), Michael Birajiclian (1), Hyman Azar (1), Mou Chor Tung (1), Scott Detraglia (1), Margaret M. Fahy (1)

Recent activity as company:

• Sutton Management sold 293 Broadway for $52.8 million to William Macklowe Company on December 23, 2025.

• Sutton Management and Hyman Azar borrowed $8 million from Bank of Montreal for 76 East 170 Street on March 07, 2025.

• Sutton Management sold 76 East 170 Street for $7.1 million to Hyman Azar on March 07, 2025.

• Sutton Management sold 30-76 Steinway Street for $2.1 million to Mou Chor Tung on February 08, 2024.

• Sutton Management borrowed $7.7 million from Santander Bank for 550 5th Avenue and 568 5th Avenue, South Slope, Brooklyn on December 21, 2023.

• Sutton Management borrowed $16.8 million from Citibank for 526 7 Avenue on June 09, 2022.

• Sutton Management borrowed $22.3 million from Customers Bank for 624 West 143 Street on December 30, 2021.

• Sutton Management borrowed $17.1 million from Customers Bank for 609 West 161 Street on December 29, 2021.

• Sutton Management borrowed $32 million from Argentic Investment Management for 388 Fulton Street on September 14, 2021.

• Sutton Management borrowed $15 million from Santander Bank for 2270 Frederick Douglass Boulevard on April 01, 2021.

Latest Stories:

• William Macklowe files to create 6 apartments on 17th floor of 291 Broadway (February 12, 2026)

• William Macklowe Company acquires office in Tribeca from Sutton Management, $52.8M transfer value (January 07, 2026)

• Flagstar files $46M pre-foreclosure at Tribeca office building (July 11, 2025)

• Joseph Del Vecchio pays $7.1M to Sutton Management for 50% stake in retail in Mt Eden (March 20, 2025)

• Sutton Management signs $16.8M refi with Citibank for office in Garment District (June 27, 2022)

• Sutton Management signs $39.4M in refis with Customers Bank for elevator buildings in Manhattan (January 26, 2022)

• Sutton Management signs $32M refi with Argentic for two properties in Downtown Brooklyn (October 04, 2021)

• 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)

• Sutton Management borrows $8M from TD Bank for mixed-use property in Clinton Hill (February 06, 2020)

Court Records:

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Properties:

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