David Zaga

Falcon Properties

Owner

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Falcon Properties NYC portfolio

$79.1 million -office 79%, mixed-use 16%, retail 4%; Manhattan 99%*

1721th largest portfolio by dollar value

256,074 sqft – office 91%, mixed-use 5%, retail 2%; Manhattan 100%

1327th largest by SF

5 properties – Manhattan 100%

1901th largest

Person Activity past 24 months:

Seller signatory: 1 for $23.8 million

Borrower signatory: 2 for $49 million

Developer (new building or major alteration): 1 for 10,054 square feet

Top Ten Associated People:

Ignacio Manzano Garcia (2), Fred Leffel (1), Jia Lin Pan (1), William H. Marsh Jr. (1), Stephen Siminov (1)

Recent activity as signatory:

Falcon Properties borrowed $26.9 million from Elysian Lending for 1028 Avenue Of The Americas on April 14, 2026.

Falcon Properties borrowed $22.1 million from Elysian Lending for 149 West 35 Street on April 14, 2026.

Falcon Properties sold 156 West 36 Street for $23.8 million to Mequity Companies and Flatiron Equities on September 09, 2024.

Falcon Properties sold 156 West 36 Street for $0 to Flatiron Equities on November 09, 2023.

Falcon Properties sold 150 West 36 Street for $6.5 million to Jia Lin Pan on August 08, 2023.

Falcon Properties borrowed $18 million from First Republic Bank for 327 West 38 Street on September 17, 2021.

Alberto Makali Ltd. sold 150 West 36 Street for $8 million to Falcon Properties on September 17, 2021.

Latest Stories:

• Mequity, Flatiron Equities pay $23.8M in Garment District for storage conversion (September 25, 2024)

• Flatiron Equities signs contract to buy Garment District office building from Falcon Properties (November 28, 2023)

• Jia Lin Pan pays $6.5M to Falcon Properties for office in Garment District (September 01, 2023)

• Falcon Properties pays $8M to Albert Malekan for office building in Garment District (September 30, 2021)

• Elias Masri borrows $15M from Signature Bank for property in Garment District (January 17, 2020)

• Masri family of Falcon Properties pays $12.8M to Carlos Silberman of Falcon Properties to increase stake in office property in Hudson Yards (October 25, 2019)

• Masri family of Falcon Properties pays $7.5M to Carlos Silberman of Falcon Properties to increase stake in Garment District office building (October 25, 2019)

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