Adam Roman
Principal
Stellar Management
Owner, Developer
Stellar Management NYC portfolio
$5.6 billion* – elevator 58.0%, industrial 19.0%; Manhattan 90.0%, Brooklyn 5.0%
19th largest portfolio by dollar value
10,793,066 sqft – elevator 72%, office 9%;
22th largest by SF
85 properties – Manhattan 77%, Bronx 11%
87th largest
8,157 residential units – Manhattan 74%, Bronx 15%
15th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $8.1 million
Borrower signatory: 6 for $298 million
Developer (new building or major alteration): 3 for 491,264 square feet
Top Ten Associated Companies:
New York Community Bank (17), Bank Leumi (3), Bank of Montreal (2), Signature Bank (2), NYC Housing Development Corporation (2), Flagstar Bank (1), Two80 Real Estate Ventures (1), Customers Bank (1), Citibank (1), Karten Organization (1)
Top Ten Associated People:
John Feijoo (13), Oren Sapirstein (3), Roger Rofe (3), Leanne Lispi (1), Aaron Greene (1), Jesse Deutch (1), Daniel Miller (1), Sharone Karten (1), Scott van der Marck (1), Meyer Chetrit (1)
Recent activity as signatory:
• Stellar Management borrowed $80 million from Lone Star Funds for 218 5th Avenue, NoMad, Manhattan on March 27, 2025.
• Stellar Management borrowed $21.5 million from Citizens Bank for 320 East 52nd Street, Turtle Bay, Manhattan on March 19, 2025.
• Stellar Management borrowed $21 million from Bank of Montreal for 236 East 13th Street, East Village, Manhattan on October 15, 2024.
• Stellar Management sold 105 Haven Avenue, Washington Heights, Manhattan for $8.1 million to Two80 Real Estate Ventures on October 01, 2024.
• Stellar Management borrowed $12.9 million from NYC Housing Development Corporation for 49 Crown Street, Crown Heights, Brooklyn on September 27, 2024.
• Stellar Management borrowed $47 million from Customers Bank for 580 Gerard Avenue, Concourse, Bronx on October 10, 2023.
• Stellar Management borrowed $115.6 million from Flagstar Bank for 884 2nd Avenue, Turtle Bay, Manhattan on August 08, 2023.
• Stellar Management borrowed $78 million from New York Community Bank for 44 West 28th Street, NoMad, Manhattan on February 22, 2023.
• Stellar Management borrowed $9.7 million from New York Community Bank for 87 Hamilton Place, Harlem, Manhattan on February 03, 2023.
• Stellar Management borrowed $11.5 million from New York Community Bank for 214 West 21st Street and 209 West 21st Street, Chelsea, Manhattan on February 03, 2023.
Latest Stories:
• Dino Tomassetti Jr. signs $26M refi for fee under NoMad office (September 12, 2023)
• Stellar plans two-tower, 319-unit project in Park Slope (May 10, 2023)