Arnold Gumowitz
President
AAG Management
421 Seventh Avenue 15th Floor New York, New York 10001
AAG Management NYC portfolio
$169.5 million -elevator 60%, mixed-use 19%, office 10%; Manhattan 56%, Queens 39%, Brooklyn 4%*
1184th largest portfolio by dollar value
550,476 sqft – elevator 62%, mixed-use 17%, office 12%; Manhattan 54%, Queens 40%, Brooklyn 5%
843th largest by SF
8 properties – Queens 50%, Manhattan 37%, Brooklyn 12%
1423th largest
257 residential units – Manhattan 53%, Queens 46%
1048th largest by residential units
Other Links:
http://www.aagmanagement.com/aboutUs.html
Person Activity past 24 months:
Borrower signatory: 3 for $53.2 million
Top Ten Associated Companies:
New York Community Bank (1), AAG Management (1), RGA Reinsurance Company (1), Transamerica Financial Life Insurance Company (1), L+M Development Partners (1), Taconic Partners (1), Esquire Bank (1)
Top Ten Associated People:
Edward H. Balazs (1), Christopher Dolan (1), Michael Mercure (1), David Dishy (1), Steven Dorritie (1)
Recent activity as signatory:
• AAG Management borrowed $30 million from Transamerica Financial Life Insurance Company for 2169 Broadway on July 31, 2026.
• AAG Management borrowed $18 million from Esquire Bank for 423 7 Avenue on June 29, 2026.
• AAG Management borrowed $5.2 million from AAG Management for 3067 Avenue V on January 08, 2026.
• AAG Management ground leased 407 West 206 Street valued at $22.2 million to L+M Development Partners and Taconic Partners on June 29, 2022.
• AAG Management and Bentley Properties borrowed $25 million from RGA Reinsurance Company for 132-01 20 Avenue on February 07, 2022.
• AAG Management borrowed $7.8 million from New York Community Bank for 39-74 61 Street on December 01, 2021.