Arash Rahmani
(Josh Arash Rahmani, Josh Rahmani)
Founding Partner
Empire Capital Holdings
(Empire Capital, ECRE LLC)
Owner
70 Hampshire Rd Great Neck, NY 11023
Empire Capital Holdings NYC portfolio
$787.1 million* – office 78.0%, condo 13.0%; Manhattan 97.0%, Brooklyn 2.0%
204th largest portfolio by dollar value
1,287,673 sqft – office 80%, condo 11%;
261th largest by SF
8 properties – Manhattan 87%, Brooklyn 12%
992th largest
162 residential units – Manhattan 100%, Bronx 0%
1018th largest by residential units
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Borrower signatory: 2 for $39.9 million
Top Ten Associated Companies:
AEW Capital Management (1), Truist Bank (1), Symetra Life Insurance Company (1), Alma Bank (1)
Top Ten Associated People:
Matthew B. Tracy (1), Thomas E. DiMaio (1)
Recent activity as company:
• Namdar Realty Group, Empre Capital and Mason Asset Management borrowed $24.3 million from Symetra Life Insurance Company for 321 West 44th Street, Hell’s Kitchen, Manhattan on September 23, 2024.
• Empire Capital Holdings borrowed $15.6 million from Alma Bank for 160 North 12th Street, Williamsburg, Brooklyn on September 06, 2024.
• Empire Capital Holdings and Namdar Realty Group borrowed $53.2 million from Truist Bank for 830 3rd Avenue, Midtown East, Manhattan on September 30, 2022.
• AEW Capital Management sold 830 3rd Avenue, Midtown East, Manhattan for $72 million to Empire Capital Holdings and Namdar Realty Group on September 30, 2022.
Latest Stories:
• Namdar, Empire Capital file plans for 188-unit conversion in Midtown East (September 19, 2024)
• Empire Capital signs $15M refi with Hakimian Partners in Williamsburg (August 02, 2021)
Court Records: