Wharton Properties

(Wharton Realty, Wharton Residential, Wharton Residential Properties)

500 5th Ave 54th floor, New York, NY 10110

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Wharton Properties NYC portfolio

$3.1 billion -office 52%, retail 30%, mixed-use 6%; Manhattan 86%, Brooklyn 9%, Queens 2%*

67th largest portfolio by dollar value

3,397,980 sqft – office 62%, retail 16%, condo 8%; Manhattan 85%, Brooklyn 10%, Bronx 1%

130th largest by SF

98 properties – Manhattan 36%, Brooklyn 36%, Queens 13%

67th largest

226 residential units – Manhattan 63%, Brooklyn 36%

1065th largest by residential units

8 foreclosures, 0 bankruptcies, 11 other court cases.

Company Activity past 24 months:

Buyer company: 4 for $53.2 million

Seller company: 9 for $369.7 million

Borrower company: 15 for $412.3 million

Lender company: 3 for $0

Developer (new building or major alteration): 3 for 23,390 square feet

• Wharton Properties borrowed $17 million from Webster Bank for 74 Bedford Street on June 30, 2026.

• Wharton Properties borrowed $14 million from Webster Bank for 16 Bedford Street on June 30, 2026.

• Seyfarth Shaw registered on June 24, 2026 bought a loan with an original principal of $50 million from Helaba, signed by Stephan van de Loecht|Aaron D. Jaffe, secured by 27 West 34 Street, when owned by Wharton Properties.

• Wharton Properties borrowed $20.3 million from Provident Bank for 42 West 34 Street on June 21, 2026.

• Fromme Realty sold None for $14 million to Wharton Properties on May 27, 2026.

• Seth Rubinstein and Ira Rubinstein sold None for $5.2 million to Wharton Properties on April 28, 2026.

• Wharton Properties, BNK Financial Group and Daol Asset Management sold 174 Berry Street for $33.5 million to Yoshida & Co. on March 16, 2026.

• Wharton Properties sold 481 Kings Highway for $6.8 million to Jack Israel on March 11, 2026.

• SL Green Realty and Wharton Properties sold 23 East 62 Street for $54.5 million to Richemont on February 24, 2026.

• Wharton Properties borrowed $176 million from Acore Capital for 1553 Broadway on February 09, 2026.

• Wharton Properties on December 29, 2025 bought a loan with an original principal of $8.6 million from the prior lender, secured by 174 Broadway, when owned by Wharton Properties.

• Robert Zeisel ground leased 78 Greene Street valued at $0 to Wharton Properties on December 17, 2025.

• Wharton Properties for Valon Gjonbalaj filed plans for major alteration for 15,081 sqft in Financial District, Manhattan, on November 14, 2025.

• Wharton Properties and Botsaris Morris Realty Group sold 166-19 Jamaica Avenue for $2.5 million to The buyer on October 17, 2025.

• Wharton Properties borrowed $5.7 million from TD Bank for 462 Fulton Street on September 26, 2025.

• Aurora Capital Associates on September 26, 2025 bought a loan with an original principal of $200 million from Rothesay Life, signed by Lorna Tennent, secured by 533 Broadway, when owned by Wharton Properties, Aurora Capital Associates, ACHS Management and Joseph Sitt.

• Wharton Properties, Aurora Capital Associates, ACHS Management and Joseph Sitt sold 533 Broadway for $213 million to Ikea on September 26, 2025.

• Wharton Properties borrowed $100 million from Rialto Management Group for 297 Lenox Avenue on July 29, 2025.