Tessler Developments

172 Madison Ave 16B New York, NY 10016

tesslerdevelopments.com

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Tessler Developments NYC portfolio

Company Activity past 24 months:

Seller company: 3 for $113 million

Top Ten Associated Companies:

G4 Capital Partners (2), Global Asset Properties (1), ARC Pe (1), Signature Bank (1), Educational Housing Services Inc. (1)

Top Ten Associated People:

Albert Rabizadeh (1), Jason Behfarin (1), David Gordon (1), Michael Riegler (1)

Recent activity as company:

• Tessler Developments and Cornell Realty Management sold 200 Kent Avenue for $65 million to G4 Capital Partners on March 30, 2026.

• Tessler Developments sold 172 Madison Avenue and 172 Madison Avenue, Park Avenue South, Manhattan for $10.1 million to Global Asset Properties on March 10, 2026.

• Tessler Developments sold 172 Madison Avenue, 172 Madison Avenue, 172 Madison Avenue, 172 Madison Avenue, 172 Madison Avenue, 172 Madison Avenue, 172 Madison Avenue, 172 Madison Avenue, 172 Madison Avenue, and 172 Madison Avenue, Park Avenue South, Manhattan for $37.9 million to ARC Pe on March 10, 2026.

• Tessler Developments borrowed $15.5 million from Signature Bank for 260 Park Avenue South, 260 Park Avenue South, 260 Park Avenue South, and 260 Park Avenue South, Flatiron District, Manhattan on January 10, 2023.

• LIVWRK sold 200 Kent Avenue for $77.3 million to Tessler Developments on February 10, 2020.

• Tessler Developments borrowed $84.2 million from G4 Capital Partners for 200 Kent Avenue on February 10, 2020.

• Tessler Developments sold None for $101 million to Educational Housing Services Inc. on August 30, 2019.

Latest Stories:

• Global Asset Properties pays $10.1M for retail in Midtown South (April 07, 2026)

• ARC Pe obtains $37.9M in debt for bankruptcy acquisition of resi condos on Park Avenue South (March 19, 2026)

• $11M pre-foreclosure filed at Tessler Developments retail condo in Flatiron (October 28, 2024)

• Arc Re files $44M pre-foreclosure at Tessler Developments Midtown South condo tower (August 23, 2024)

• $101M bankruptcy filed at Tessler Developments’ Midtown South condo tower (June 05, 2024)

• Yitzchak Tessler battles Isaac Hager over alleged $3M loan from 2020 (April 11, 2024)

• Courts roundup: Tessler, Trader Joe’s, Haruvis, SoHo condo (February 24, 2023)

• Tessler Developments signs $15.5M refi with Signature Bank for four retail properties in Flatiron District (January 24, 2023)

• Educational Housing Services borrows $68M from Helaba for property in Financial District (June 30, 2020)

• Tessler, and Cornell Realty, borrow $84M from G4 Capital Partners for new construction in Williamsburg (February 27, 2020)

Court Records:

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