Boris Aronov

Aronov Development

(Aronov Group, JRJ Metro)

Owner

43 W 47th St #203 New York, NY 10036

Aronov Development|Boris Aronov|JRJ Metro NYC portfolio

$126.1 million -hotel 43%, office 37%, RK 12%; Manhattan 84%, Queens 15%*

1333th largest portfolio by dollar value

250,411 sqft – office 49%, hotel 40%, RK 5%; Manhattan 69%, Queens 30%

1370th largest by SF

5 properties – Manhattan 60%, Queens 40%

1895th largest

18 residential units – Manhattan 100%

3974th largest by residential units

Notes

Boris Aronov owns several companies including Aronov Development in real estate, and others in jewelry and cannabis.

Person Activity past 24 months:

Buyer signatory: 3 for $96.7 million

Seller signatory: 1 for $53 million

Borrower signatory: 2 for $68.5 million

Lender signatory: 1 for $0

Top Ten Associated People:

Mark Penna (1), Paramdeep Singh (1), Boris Aronov (1), Lawrence Khedouri (1), Avraham Dishi (1)

Recent activity as signatory:

Aronov Development borrowed $41 million from Hakimian Partners for 59 West 46 Street on June 26, 2026.

Emerald Creek Capital sold 141 Bowery for $36 million to Aronov Development on June 22, 2026.

Aronov Development borrowed $27.5 million from Emerald Creek Capital for 141 Bowery on June 22, 2026.

Khedouri Associates sold None for $7.7 million to Aronov Development on January 20, 2026.

Aronov Development sold 59 West 46 Street for $53 million to Aronov Development on December 31, 2025.

Aronov Development on June 25, 2025 bought a loan with an original principal of $44.5 million from Yellowstone Real Estate Investments, signed by Isaac Hera, secured by 59 West 46 Street, when owned by Paramdeep Singh.

Avraham Dishi sold 75-75 185 Street for $4.6 million to Bukharian Community Center on February 07, 2023.

Latest Stories:

• Aronov Development pays $36M for LES office in REO sale (June 30, 2026)

• Lender Emerald Creek Capital takes title to LES office, following $32M bankruptcy (June 05, 2026)

• Aronov Development pays $7.7M for retail in Jamaica Estates (February 03, 2026)

• Aronov Development buys $44.5M note secured by Paramdeep Singh’s Midtown West hotel (July 22, 2025)

• Yellowstone files $44.5M pre-foreclosure at Midtown West hotel refinanced in 2023 (May 19, 2025)

• Bukharian Community Center pays $4.6M to Avraham Dishi for retail in Fresh Meadows (March 10, 2023)

• Paramdeep Singh gets $44.5M refi from Yellowstone for hotel in Midtown West, was threatened with foreclosure (March 06, 2023)

• Paramdeep Singh signs $37M acquisition loan with Benefit Street for hotel in Midtown West (March 04, 2022)

• Paramdeep Singh pays $59.5M to Apple Core Hotels for second hotel building in Midtown West (March 01, 2022)

• Hung Kwong Leung obtained financing of $32M from Emerald Creek Capital 3, LLC (July 25, 2019)

Properties:

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