Andrew Zlotnick

Taconic Partners

Owner

LinkedIn

Taconic Partners NYC portfolio

$2 billion* – condo 33.0%, office 21.0%; Manhattan 84.0%, Bronx 15.0%

81th largest portfolio by dollar value

3,056,228 sqft – walkup 32.0%, condo 25.0%;

104th largest by SF

66 properties – Manhattan 78%, Brooklyn 12%

138th largest

2,558 residential units – Bronx 55.0%, Manhattan 44.0%

73th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Seller signatory: 13 for $321.4 million

Top Ten Associated Companies:

InterVest Capital Partners (7), Deutsche Bank (5), Amerant Bank (2), Jackson National Life Insurance Company (1), Apollo Global Management (1), Wells Fargo (1), Ares Management (1), Square Mile Capital Management (1), Ares Commercial Real Estate (1), Union Labor Life Insurance Company (1)

Top Ten Associated People:

Michael Gontar (7), Andrew Mullin (4), Thomas Vasile (4), Carlos Iafigliola (2), James Huddleton (1), Murray Mackinnon (1), Jeffrey Horowitz (1), Brad Cohen (1)

Recent activity as company:

Taconic Partners sold 180 Broome Street, Lower East Side, Manhattan for $113.7 million to Deutsche Bank on December 17, 2024.

Taconic Partners sold 180 Broome Street and 180 Broome Street, Lower East Side, Manhattan for $6 million to Deutsche Bank on December 17, 2024.

Taconic Partners sold 202 Broome Street, Lower East Side, Manhattan for $9.2 million to Deutsche Bank on December 17, 2024.

Taconic Partners sold 202 Broome Street, Lower East Side, Manhattan for $108 million to Deutsche Bank on December 17, 2024.

Taconic Partners and Clarion Partners sold 2567 Decatur Avenue, 2543 Decatur Avenue, 2563 Decatur Avenue, 2549 Decatur Avenue, 2559 Decatur Avenue, and others, Fordham Manor, Bronx for $9.6 million to InterVest Capital Partners on April 20, 2023.

Taconic Partners and Clarion Partners sold 2353 Crotona Avenue and 2357 Crotona Avenue, Belmont/Little Italy, Bronx for $5.8 million to InterVest Capital Partners on April 20, 2023.

Taconic Partners and Clarion Partners sold 2608 Creston Avenue, Fordham Manor, Bronx for $6.6 million to InterVest Capital Partners on April 20, 2023.

Taconic Partners and Clarion Partners sold 1065 Jerome Avenue, Highbridge, Bronx for $6.1 million to InterVest Capital Partners on April 20, 2023.

Taconic Partners and Clarion Partners sold 1098 Gerard Avenue and 1112 Gerard Avenue, Concourse, Bronx for $12.8 million to InterVest Capital Partners on April 20, 2023.

Taconic Partners and Clarion Partners sold 1197 Grand Concourse, Concourse, Bronx for $10.2 million to InterVest Capital Partners on April 20, 2023.

Latest Stories:

• Deutsche Bank acquires Essex Crossing office, retail from borrower Taconic in $236.9M transfer (December 18, 2024)

• InterVest pays $60M to Taconic, Clarion for 503 units in Bronx (April 21, 2023)

• Amerant Bank acquires two retail condos at Essex Crossing from developers, $24.4M value (April 11, 2023)

• Taconic Partners signs $300M refi loan with Apollo Global in Lincoln Square (February 13, 2023)

• Taconic, Nuveen sign $78.8M initial loan with Ares Commercial for two properties in Yorkville (May 03, 2022)

• Taconic, Nuveen pay $70M to Downtown Capital for dev site in Upper East Side (December 30, 2021)

• Taconic signs $204M construction loan with Union Labor for Hell’s Kitchen development (December 17, 2021)

• Taconic signs $130M refi for Bronx rentals (November 15, 2021)

• Taconic signs $90M refi with Ares Commercial for office building in West Village (July 20, 2021)

• LaSalle Investment joins Taconic, Nuveen as owner in asset valued at $222M in Lincoln Square (March 25, 2021)

*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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