Ben Rieder
KS Group
Owner
60 Park Place Newark, NJ 07102
KS Group NYC portfolio
$237.5 million -industrial 99%; Queens 100%*
852th largest portfolio by dollar value
29,700 sqft – industrial 100%; Queens 100%
4328th largest by SF
4 properties – Queens 100%
2187th largest
61 residential units – Queens 100%
2354th largest by residential units
Top Ten Associated Companies:
New York Community Bank (10), JPMorgan Chase (8), Hysen Mehmetaj (2), Neil Fink (2), Casablanca Management (2), Signature Bank (1), Jason Korn (1), Sharp Management (1), Warren Cohen (1), Buckingham Properties (1)
Top Ten Associated People:
Ursula Flores (5), Hysen Mehmetaj (2), Neil Fink (2), Mark Mehlman (2), Anthony Simari (2), Jason Korn (1), Martin Kirzner (1), Warren Cohen (1), Richard Cohen (1), Edwin Shirazian (1)
Recent activity as signatory:
• Joseph Podolski sold 568 West 193 Street for $3.4 million to Chestnut Holdings on October 18, 2023.
• Chestnut Holdings borrowed $5.5 million from JPMorgan Chase for 2825 Grand Concourse on August 31, 2022.
• Chestnut Holdings borrowed $5.7 million from JPMorgan Chase for 2425 Grand Avenue on August 31, 2022.
• Chestnut Holdings borrowed $5.7 million from New York Community Bank for 2700 Grand Concourse on August 31, 2022.
• Thor Equities sold 27 A Dr M L King Jr Boulevard for $21.2 million to Denali Management on July 12, 2022.
• Bijan Noghrei and Shaban Simaee sold 764 Union Avenue for $4.8 million to Chestnut Holdings on June 22, 2022.
• East Coast Holdings sold 825 East 175 Street for $3.1 million to Chestnut Holdings on May 18, 2022.
• Mark Mehlman sold 820 East 175 Street for $3.5 million to Chestnut Holdings on May 18, 2022.
• Morris Weinberg and David Kleiner sold 190 Mcclellan Street for $8 million to Chestnut Holdings on May 11, 2022.
• Chestnut Holdings borrowed $6 million from JPMorgan Chase for 190 Mcclellan Street on May 11, 2022.
Latest Stories:
• Chestnut Holdings pays $3.4M for 46-unit walkup in Washington Heights (October 25, 2023)
• Chestnut Holdings pays $8M for residential walkup in Concourse Village (May 24, 2022)
• Chestnut Holdings pays $14.5M for 83-unit elevator rental in Elmhurst (April 06, 2022)
• Denali Management pays $6.2M for 39-unit walkup in Bedford Park (March 10, 2022)
• Chestnut Holdings pays $8M to Jason Korn for rental in Crown Heights (January 05, 2022)
• Chestnut Holdings pays $10.9M to Warren Cohen for rental in East Flatbush (December 08, 2021)