Zeckendorf Development

Zeckendorf Development NYC portfolio

$1.8 billion -D7 59%, condo 40%; Manhattan 100%*

127th largest portfolio by dollar value

1,024,934 sqft – D7 73%, condo 26%; Manhattan 100%

477th largest by SF

5 properties – Manhattan 100%

1821th largest

368 residential units – Manhattan 100%

745th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Borrower company: 3 for $916.8 million

Top Ten Associated Companies:

Cale Street Partners (1), Farallon Capital Management (1), Citibank (1), Blackstone Group (1), Series 2012-C6 (1), Meredith Bluhm-Wolf (1), Kristin T. Abati (1), JPMorgan Chase (1), Alan Halperin, Trustee (1), 520 PARK 31 LLC (1)

Top Ten Associated People:

Alexander Le Quesne (1), Sandor Krauss (1), Brett Mann (1), Kristin T. Abati (1), Simon Burce (1), Brett Wexler (1), Orit Alster Ben Zvi (1), Gil-Haim Agmon (1)

Recent activity as company:

• Fortress Investment Group, Global Holdings Management Group, Zeckendorf Development and Madison Capital borrowed $125 million from Series 2012-C6 for 15 Central Park West, Lincoln Square, Manhattan on May 02, 2025.

• Atlas Capital Group, Baupost Group and Zeckendorf Development borrowed $649 million from Cale Street Partners and Farallon Capital Management for None on July 29, 2024.

• Atlas Capital Group, Baupost Group and Zeckendorf Development borrowed $142.8 million from Citibank for None on June 01, 2024.

• Atlas Capital Group, Zeckendorf Development and Baupost Group borrowed $257.4 million from Blackstone Group for 532 Washington Street, Hudson Square, Manhattan on July 08, 2022.

• Westbrook Partners sold 532 Washington Street, Hudson Square, Manhattan for $340 million to Atlas Capital Group, Zeckendorf Development and Baupost Group on July 08, 2022.

• Zeckendorf Development sold 520 Park Avenue, Lenox Hill, Manhattan for $32.7 million to Kristin T. Abati on April 19, 2022.

• Zeckendorf Development sold 520 Park Avenue, Lenox Hill, Manhattan for $35.2 million to The buyer on April 18, 2022.

• Children’s Investment Fund sold 155 East 86th Street, 147 East 86th Street, and 155 East 86th Street, Carnegie Hill, Manhattan for $231.8 million to Zeckendorf Development on March 10, 2022.

• Zeckendorf Development borrowed $136.6 million from JPMorgan Chase for 155 East 86th Street, 147 East 86th Street, and 155 East 86th Street, Carnegie Hill, Manhattan on March 09, 2022.

• Zeckendorf Development sold 520 Park Avenue, Upper East Side, Manhattan for $36 million to Orit Alster Ben Zvi on October 07, 2021.