Zeckendorf Development

Zeckendorf Development NYC portfolio

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

160th largest portfolio by dollar value

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

517th largest by SF

5 properties – Manhattan 100%

1964th largest

368 residential units – Manhattan 100%

810th largest by residential units

192 foreclosures, 0 bankruptcies, 192 other court cases.

Company Activity past 24 months:

Borrower company: 1 for $125 million

Top Ten Associated Companies:

520 PARK 31 LLC (1), Consulate General Of The State Of Kuwait (1), Hug Buddy Holdings, LLC (1), Orit Alster Ben Zvi (1), Cale Street Partners (1), Farallon Capital Management (1), Citibank (1), Blackstone Group (1), Meredith Bluhm-Wolf (1), Series 2012-C6 (1)

Top Ten Associated People:

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