Daniel Rabinowitz
Bayrock Capital
Developer, Owner
99 W Hawthorne Ave, STE 520, Valley Stream, NY 11580
Bayrock Capital NYC portfolio
$357.9 million* – hotel 62%, walkup 15%; Queens 76%, Manhattan 8%
477th largest portfolio by dollar value
549,424 sqft – hotel 74%, walkup 10%;
563th largest by SF
20 properties – Queens 60%, Bronx 20%
458th largest
145 residential units – Queens 100%, Manhattan 0%
1108th largest by residential units
2 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 4 for $125.9 million
Borrower signatory: 6 for $116.5 million
Developer (new building or major alteration): 6 for 0 square feet
Top Ten Associated Companies:
M&T Bank (3), Levon Capital (2), TriState Capital Bank (1), Mandy Lema (1), Xiaodong Zhao (1), Joseph Huang (1), Himmel + Meringoff Properties (1), Peter Ciregna (1), Gadi Benhamo (1), Amalgamated Bank (1)
Top Ten Associated People:
Yoel Zagelbaum (2), Mandy Lema (1), Stephen J. Meringoff (1), Leslie W. Himmel (1), Peter Ciregna (1), Gadi Benhamo (1), Grant Johnson (1), shimon meisels (1), Bryan Dinkelacker (1), Ronald Acker (1)
Recent activity as signatory:
• Bayrock Capital borrowed $17.5 million from Levon Capital for 1114 1st Avenue, Lenox Hill, Manhattan on September 18, 2024.
• Himmel + Meringoff Properties sold 1114 1st Avenue, Lenox Hill, Manhattan for $19.9 million to Bayrock Capital on September 06, 2024.
• Bayrock Capital borrowed $13 million from ConnectOne Bank for 38-07 Hunters Point Avenue and 38-05 Hunters Point Avenue, Sunnyside, Queens on December 22, 2023.
• Bayrock Capital borrowed $17.6 million from Levon Capital for 44-21 9th Street, Long Island City, Queens on October 31, 2023.
• Mandy Lema, Xiaodong Zhao and Joseph Huang sold 44-21 9th Street, Long Island City, Queens for $24 million to Bayrock Capital on October 31, 2023.
• Bayrock Capital borrowed $9.5 million from Amalgamated Bank for 243-02 Northern Boulevard, Little Neck, Queens on October 19, 2023.
• Gadi Benhamo sold 1499 Bruckner Boulevard, Soundview, Bronx for $5.5 million to Moshe Glassman on August 03, 2023.
• Bayrock Capital borrowed $17 million from M&T Bank for 316 Atlantic Avenue, Boerum Hill, Brooklyn on June 27, 2023.
• Bayrock Capital borrowed $42 million from Broadview Capital for 37-10 10th Street, Long Island City, Queens on May 25, 2023.
• McSam Hotel Group sold 37-10 10th Street, Long Island City, Queens for $76.5 million to Bayrock Capital on May 25, 2023.
Latest Stories:
• Bayrock Capital signs $9.1M refi for dev site in Edenwald (January 31, 2025)
• Bayrock Capital pays $19.9M to Himmel + Meringoff for office in Lenox Hill (September 06, 2024)
• Bayrock Capital pays $24M for hotel in Long Island City (November 01, 2023)
• Moshe Glassman pays $5.5M for industrial in Soundview (August 04, 2023)
• Bayrock Capital pays $76.5M to McSam Hotel Group for hotel in Long Island City (May 26, 2023)
• Bayrock Capital pays $13M to ASA College founder for dormitory in Boerum Hill (August 23, 2021)
Court Records: