David Levy

Adams & Company

Owner

LinkedIn

Adams & Company|David Levy NYC portfolio

$514.4 million* – office 99%; Manhattan 100%

339th largest portfolio by dollar value

1,875,226 sqft – office 99%;

177th largest by SF

9 properties – Manhattan 100%

921th largest

12 residential units – Manhattan 100%

3847th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Person Activity past 24 months:

Buyer signatory: 4 for $94 million

Borrower signatory: 5 for $113.8 million

Top Ten Associated Companies:

Apple Bank for Savings (4), Rockrose Development (4), Signature Bank (1), Rothenberg Family (1), Customers Bank (1), Laurie Kayden (1), Lincoln Life & Annuity Company of New York (1), Equity Resource Investments (1)

Top Ten Associated People:

Edward H. Traum (4), Cynthia Wang (3), Nancy Rothenberg (1), Jonathan Blau (1), Jonathan H. Lieblich (1), Andrew J. Tunick (1), Mark S. Thompson (1)

Recent activity as signatory:

Adams & Company borrowed $6 million from Customers Bank for 110 West 40th Street, Garment District, Manhattan on April 10, 2025.

Adams & Company borrowed $48 million from Apple Bank for Savings for 1115 Broadway, Flatiron District, Manhattan on August 23, 2023.

Rockrose Development sold 1115 Broadway, Flatiron District, Manhattan for $43.6 million to Adams & Company on August 23, 2023.

Adams & Company borrowed $17.3 million from Apple Bank for Savings for 4 Bryant Park, Garment District, Manhattan on August 08, 2023.

Rockrose Development sold 4 Bryant Park, Garment District, Manhattan for $16.5 million to Adams & Company on August 08, 2023.

Adams & Company borrowed $6.5 million from Apple Bank for Savings for 121 East 24th Street, Flatiron District, Manhattan on August 03, 2023.

Rockrose Development sold 121 East 24th Street, Flatiron District, Manhattan for $5.8 million to Adams & Company on August 03, 2023.

Adams & Company borrowed $36 million from Apple Bank for Savings for 47 West 17th Street, Flatiron District, Manhattan on July 25, 2023.

Rockrose Development sold 47 West 17th Street, Flatiron District, Manhattan for $28.1 million to Adams & Company on July 25, 2023.

• Rothenberg Family sold 1071 Avenue Of The Amer, Garment District, Manhattan for $7 million to Adams & Company on February 01, 2022.

Latest Stories:

• Adams & Company pays $43.6M to Rockrose for small stake in office in Flatiron District (August 24, 2023)

• Adams & Company pays $5.8M to Rockrose for 13% stake in office in Flatiron District (August 04, 2023)

• Adams & Company pays $28.1M to Rockrose for minority stakes in Flatiron District office building (July 26, 2023)

• Adams & Company pays $20.2M for 16% stake in Garment District building, puts value at $124M (January 28, 2022)

• Adams & Co. affiliate pays $4M to Kofler Associates for a stake in property in Flatiron (November 19, 2020)

• Adams & Company borrows $30M from Lincoln Life & Annuity to refi office property in Garment District (April 02, 2020)

• Anonymous buyer pays $26M for 12% stake in 1115 Broadway in Flatiron (March 23, 2020)

• Small stakes in Adams & Company building in Flatiron where Rockrose bought interest sell to two entities for $9.75M (November 13, 2019)

• Amberjack Realty Capital LLC buys $10M stake in 1071 Sixth Avenue (August 20, 2019)

• Rockrose Development paid $10M to Austen Riggs Center (August 07, 2019)

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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