Edward Martell
(Ted Martell)
Co-Founder
Principal
Maverick Real Estate Partners
Owner
330 Madison Avenue, 39th Floor, New York NY 10017
100 Park Avenue, Suite 2805 New York, NY 10017
Maverick Real Estate Partners NYC portfolio
$193.4 million -hotel 73%, walkup 21%, elevator 3%; Manhattan 94%, Queens 4%, Brooklyn 1%*
987th largest portfolio by dollar value
239,540 sqft – hotel 65%, walkup 19%, elevator 9%; Manhattan 82%, Queens 12%, Brooklyn 5%
1380th largest by SF
9 properties – Manhattan 55%, Brooklyn 22%, Queens 22%
1130th largest
125 residential units – Manhattan 65%, Queens 20%, Brooklyn 14%
1557th largest by residential units
129 foreclosures, 6 bankruptcies, 399 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $23.5 million
Borrower signatory: 1 for $20 million
Top Ten Associated Companies:
Phillip Miller (1), Bert Baradarian (1), Richard Shiu (1), Ryan Forman (1), Namdar Realty Group (1), JPMorgan Chase (1)
Top Ten Associated People:
Phillip Miller (1), Bert Baradarian (1), Richard Shiu (1), Ryan Forman (1), Igal Namdar (1)
Recent activity as signatory:
• Maverick Real Estate Partners borrowed $20 million from JPMorgan Chase for 214 East 25 Street on March 27, 2026.
• Artifact borrowed $14.4 million from Genesis Capital for 230 Broome Street on March 26, 2026.
• Maverick Real Estate Partners sold 448 West 14 Street for $23.5 million to Namdar Realty Group on February 06, 2026.
• Dror Levy borrowed $6.3 million from Dalan Real Estate for 514 Hudson Street on August 05, 2025.
• Maverick Real Estate Partners sold 56 Pierrepont Street for $3.9 million to Ryan Forman on September 26, 2023.
• Maverick Real Estate Partners sold 52 Monitor Street for $3.2 million to Phillip Miller on June 01, 2023.
• Maverick Real Estate Partners sold 2500 Amsterdam Avenue for $1.5 million to Bert Baradarian on April 26, 2023.
• Maverick Real Estate Partners sold 93 Mcguinness Boulevard for $2.5 million to Richard Shiu on September 30, 2022.
Latest Stories:
• Artifact pays $17.8M to Soft Stone, Eisner Bros. for LES dev site (April 09, 2026)
• Namdar pays $23.5M to Maverick for retail in Meatpacking District REO sale (February 12, 2026)
• Maverick buys $5M note secured by 15-unit West Village walkup in foreclosure (June 09, 2025)
• SoftStone, partners, pressured by Maverick, put LES project in bankruptcy (March 26, 2025)
• Maverick acquires in auction Thor’s Meatpacking retail with $27M judgment (November 17, 2024)
• Croman Kips Bay rentals with $34M debt set for auction following bankruptcy (November 01, 2024)
• Courts roundup: Foreclosure updates for Thor, Croman, Magnum (January 09, 2024)
• Ryan Forman pays $3.9M to Maverick for 16-unit walkup in Brooklyn Heights (October 06, 2023)
• Phillip Miller pays $3.2M to Maverick for 8-unit walkup in Williamsburg (June 08, 2023)