Arnold Lehman
(Arnold S. Lehman, Arnold Samuel Lehman)
LeFrak
(LeFrak Organization)
40 West 57th St, New York, NY 10019
LeFrak NYC portfolio
$2.1 billion -elevator 79%, office 12%, condo 5%; Manhattan 68%, Queens 26%, Brooklyn 5%*
108th largest portfolio by dollar value
10,258,871 sqft – elevator 87%, office 10%, hotel 1%; Queens 58%, Manhattan 35%, Brooklyn 6%
32th largest by SF
53 properties – Brooklyn 72%, Queens 21%, Manhattan 6%
165th largest
8,958 residential units – Queens 63%, Manhattan 28%, Brooklyn 7%
17th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Seller signatory: 15 for $223.9 million
Borrower signatory: 6 for $169.2 million
Top Ten Associated Companies:
A&E Real Estate Holdings (13), Iris Holdings Group (13), TD Bank (11), Wells Fargo (4), Metropolitan Commercial Bank (2), Sedesco (1), HF Capital (1), Bank of New York Mellon (1), M&T Bank (1), U.S. Bank (1)
Top Ten Associated People:
Alex T. Bruce (13), Chayim Kirschenbaum (9), Paul A. Kesicki (4), Marc Blumenfrucht (4), Jong Sun Kim You (1), Craig Zajac (1), Ross Dahmen (1), Brian Murn (1), Avi Singer (1), Michael Bennett (1)
Recent activity as signatory:
• LeFrak borrowed $17 million from M&T Bank for 15 Gold Street on February 27, 2026.
• LeFrak borrowed $31 million from Bank of New York Mellon for 632 Columbus Avenue on January 14, 2026.
• LeFrak sold 67-15 Dartmouth Street for $5.5 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 84-20 Austin Street for $9.9 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 134-20 87 Avenue for $9 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 95-01 65 Road for $8.1 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 97-51 65 Road for $14.4 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 64-20 Saunders Street for $21.9 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 123-30 83 Avenue for $7.4 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 63-60 98 Street for $18.9 million to Iris Holdings Group on October 31, 2025.