Arnold Lehman
(Arnold S. Lehman, Arnold Samuel Lehman)
LeFrak
(LeFrak Organization)
40 West 57th St, New York, NY 10019
LeFrak NYC portfolio
$2 billion -elevator 78%, office 12%, condo 5%; Manhattan 69%, Queens 26%, Brooklyn 3%*
109th largest portfolio by dollar value
9,995,891 sqft – elevator 86%, office 10%, hotel 1%; Queens 59%, Manhattan 36%, Brooklyn 4%
36th largest by SF
50 properties – Brooklyn 71%, Queens 21%, Manhattan 6%
181th largest
8,685 residential units – Queens 65%, Manhattan 29%, Brooklyn 4%
17th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Seller signatory: 19 for $257.9 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), HF Capital (5), Wells Fargo (4), Metropolitan Commercial Bank (2), Sedesco (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), Avi Singer (4), Jong Sun Kim You (1), Craig Zajac (1), Ross Dahmen (1), Brian Murn (1), Abraham Singer (1)
Recent activity as signatory:
• LeFrak sold 7719 Bay Parkway for $5.3 million to HF Capital on June 24, 2026.
• LeFrak sold 2226 83 Street for $9.7 million to HF Capital on June 24, 2026.
• LeFrak sold 1725 East 5 Street for $12.3 million to HF Capital on June 24, 2026.
• LeFrak sold 602 Avenue L for $6.7 million to HF Capital on June 24, 2026.
• 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 63-60 98 Street for $18.9 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 84-20 Austin Street for $9.9 million to Iris Holdings Group on October 31, 2025.