Diego Rico

Westbrook Partners

Westbrook Partners NYC portfolio

$541.1 million* – condo 99%; Manhattan 99%

338th largest portfolio by dollar value

367,611 sqft – condo 100%;

791th largest by SF

155 residential units – Manhattan 100%

1111th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Developer (new building or major alteration): 1 for 0 square feet

Top Ten Associated Companies:

Savanna (1), Jeremy Lack (1), Rachel Winokur (1), Jacques Cohen (1), Atlas Capital Group (1), Zeckendorf Development (1), Baupost Group (1), Apollo Commercial Real Estate Finance (1)

Top Ten Associated People:

Cooper Kramer (1), Jeremy Lack (1), Rachel Winokur (1), Jacques Cohen (1), Jeffrey A. Goldberger (1), Andrew B. Cohen (1), William L. Zeckendorf (1), Arthur W. Zeckendorf (1)

Recent activity as signatory:

Westbrook Partners sold 532 Washington Street, Hudson Square, Manhattan for $340 million to Atlas Capital Group, Zeckendorf Development and Baupost Group on July 08, 2022.

Westbrook Partners sold 2360-2376 Broadway, Upper West Side, Manhattan for $11.4 million to Jeremy Lack and Rachel Winokur on June 08, 2022.

Westbrook Partners sold 2376 Broadway, Upper West Side, Manhattan for $11.7 million to Jacques Cohen on June 07, 2022.

Westbrook Partners borrowed $200.5 million from Apollo Commercial Real Estate Finance for 2376 Broadway, 2376 Broadway, 2376 Broadway, 2376 Broadway, 2376 Broadway, and others, Upper West Side, Manhattan on December 17, 2021.

Westbrook Partners sold 1375 Broadway, Garment District, Manhattan for $435 million to Savanna on July 10, 2020.

Diego Rico filed plans for new building for 71,473 sqft in Williamsburg, Brooklyn, on August 15, 2013.

Latest Stories:

• Alen Mamrout, 60 Guilders, acquire 1375 Broadway in $200M deal (January 01, 2025)

• Sentry Realty refis debt on 1375 Broadway, after buying $200M note in August (December 27, 2024)

• Manufacturer Alen Mamrout buys $200M note at Savanna’s 1375 Broadway, will own building: Sources (August 19, 2024)

• Top 200 buyers of NYC commercial real estate in 2022 (February 08, 2023)

• Atlas, Zeckendorf file plans for 133-unit tower, second filing at $1B Hudson Square project (October 21, 2022)

• Atlas, Zeckendorf, Baupost pay $340M to Westbrook for dev site in Hudson Square (July 18, 2022)

• Westbrook signs $200.5M condo inventory loan with Apollo at Belnord in Upper West Side (January 19, 2022)

• Savanna pays $435M to Westbrook Partners for property in Garment District (July 17, 2020)

• Savanna borrows $200M from Deutsche Pfandbriefbank, Aareal for office acquisition in Garment District (July 17, 2020)

• Westbrook Partners obtained financing of $213M from HSBC Bank USA (August 12, 2019)

*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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