Adam Roman

Principal

Stellar Management

Owner, Developer

Stellar Management NYC portfolio

$5.6 billion* – elevator 58%, industrial 19%, office 10%; Manhattan 90%, Brooklyn 5%, Bronx 3%

20th largest portfolio by dollar value

10,793,066 sqft – elevator 72%, office 9%, walkup 5%;

21th largest by SF

85 properties – Manhattan 77%, Bronx 11%, Brooklyn 8%

66th largest

8,157 residential units – Manhattan 74%, Bronx 15%, Brooklyn 9%

15th largest by residential units

1 foreclosure, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $8.1 million

Borrower signatory: 7 for $304 million

Developer (new building or major alteration): 3 for 491,264 square feet

Top Ten Associated People:

John Feijoo (13), Oren Sapirstein (3), Roger Rofe (3), Sharone Karten (1), Scott van der Marck (1), Meyer Chetrit (1), Leanne M. Lispi (1), Laura Sims (1), Jonathan H. Lieblich (1), Brenda E. Geller (1)

Recent activity as signatory:

Stellar Management borrowed $6 million from Customers Bank for 3513 Broadway, Harlem, Manhattan on May 01, 2025.

Stellar Management borrowed $80 million from Lone Star Funds for 218 5th Avenue, NoMad, Manhattan on February 26, 2025.

Stellar Management borrowed $21.5 million from Citizens Bank for 320 East 52nd Street, Turtle Bay, Manhattan on March 05, 2025.

Stellar Management borrowed $21 million from Bank of Montreal for 236 East 13th Street, East Village, Manhattan on October 07, 2024.

Stellar Management sold 105 Haven Avenue, Washington Heights, Manhattan for $8.1 million to Two80 Real Estate Ventures on September 30, 2024.

Stellar Management borrowed $12.9 million from NYC Housing Development Corporation for 49 Crown Street, Crown Heights, Brooklyn on September 19, 2024.

Stellar Management borrowed $47 million from Customers Bank for 580 Gerard Avenue, Concourse, Bronx on September 28, 2023.

Stellar Management borrowed $115.6 million from Flagstar Bank for 884 2nd Avenue, Turtle Bay, Manhattan on July 19, 2023.

Stellar Management borrowed $78 million from New York Community Bank for 44 West 28th Street, NoMad, Manhattan on September 30, 2022.

Stellar Management borrowed $9.7 million from New York Community Bank for 87 Hamilton Place, Harlem, Manhattan on August 31, 2022.

Latest Stories:

• Stellar Management signs $80M refi with Lone Star Funds for office in NoMad (March 28, 2025)

• Stellar Management signs $21M refi with Bank of Montreal for 84-unit walkup in East Village (October 16, 2024)

• Two80 Real Estate pays $8.1M to Stellar for 68-unit walkup in Washington Heights (October 02, 2024)

• Stellar Management signs $47M construction loan for 197-unit development in Concourse (October 11, 2023)

• 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)

• Stellar Management signs $11.5M refi with New York Community for two residential walkups in Chelsea (February 06, 2023)

• Stellar Management pays Dino Tomassetti Jr. affiliate $133.3M for NoMad office building (November 01, 2022)

• Stellar Management signs $80M refi with New York Community Bank for office in NoMad (October 31, 2022)

• Karten, Alcova signs $17M refi with lender Stellar Management for 197-unit project in Concourse (October 28, 2022)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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