SYU Properties
(Alishaev Brothers)
20 West 47 Street, Suite 205 New York, NY 10036
People:
SYU Properties NYC portfolio
$184 million -office 67%, retail 17%, specialty 14%; Manhattan 78%, Queens 21%*
1112th largest portfolio by dollar value
288,603 sqft – office 59%, specialty 24%, retail 15%; Manhattan 69%, Queens 30%
1294th largest by SF
5 properties – Manhattan 60%, Queens 40%
1974th largest
2 residential units – Manhattan 100%
7147th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $20 million
Borrower company: 3 for $26.5 million
Top Ten Associated Companies:
Urban Standard Capital (1), Lone Star Funds (1), ConnectOne Bank (1)
Top Ten Associated People:
Laura P. Sims (1), Peter Meyer (1)
Recent activity as company:
• SYU Properties borrowed $12.5 million from Urban Standard Capital for None on August 03, 2026.
• Digby Management Company sold None for $20 million to SYU Properties on August 03, 2026.
• SYU Properties borrowed $14 million from ConnectOne Bank for 249 West 30 Street on March 12, 2026.
• Lone Star Funds on February 26, 2025 bought a loan with an original principal of $22.7 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 249 West 30 Street, when owned by SYU Properties.
• Martin Goodstein sold 138-35 Queens Boulevard for $12.9 million to SYU Properties on September 10, 2020.
Latest Stories:
• SYU Properties signs $14M refi loan with ConnectOne for office in Penn Plaza (March 20, 2026)
• Lone Star Funds buys $22.7M note secured by SYU Properties’;s Penn Plaza office (April 01, 2025)
• RJ Capital pays $3.3M for corner next to its larger retail property in Briarwood (July 02, 2021)
• RJ Capital pays $13M for retail in Briarwood (September 14, 2020)
Properties:
