Edward Traum

(Ted Traum, Edward H. Traum)

Member, Executive Committee

Rockrose Development

15 East 26th St 7th floor New York, NY 10010

LinkedIn

Rockrose Development NYC portfolio

$4.7 billion -elevator 59%, office 10%, development 10%; Manhattan 42%, Queens 35%, Brooklyn 21%*

44th largest portfolio by dollar value

7,530,505 sqft – elevator 61%, D4 11%, condo 9%; Queens 39%, Manhattan 37%, Brooklyn 22%

48th largest by SF

37 properties – Brooklyn 60%, Queens 23%, Manhattan 15%

286th largest

7,525 residential units – Queens 43%, Manhattan 33%, Brooklyn 22%

33th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Lender signatory: 1 for $91 million

Top Ten Associated Companies:

Adams & Company (5), Rockrose Development (1), Hirshell E. Levine (1)

Top Ten Associated People:

David Levy (4), Richard A. Brancato (1), Peter R. McGreevy (1), Hirshell E. Levine (1)

Recent activity as signatory:

Rockrose Development borrowed $91 million from Rockrose Development for 182 Remsen Street on July 09, 2026.

Rockrose Development sold 16 Madison Square West for $43.6 million to Adams & Company on August 14, 2023.

Rockrose Development sold 123 East 24 Street for $5.8 million to Adams & Company on August 01, 2023.

Rockrose Development sold 1079 Avenue Of The Americas for $16.5 million to Adams & Company on July 25, 2023.

Rockrose Development sold 53 West 17 Street for $28.1 million to Adams & Company on July 20, 2023.

Adams & Company sold 11 Madison Square North for $148.2 million to Rockrose Development on December 23, 2021.

Hirshell E. Levine sold 11 Madison Square North for $32.9 million to Edward Traum on April 07, 2021.

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)

• Rockrose pays $160M to St. Francis College for property in Brooklyn Heights (April 04, 2023)

• St. Francis College signs $45M construction loan in Brooklyn Heights (January 31, 2022)

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

• Rockrose pays $148.2M to Adams & Company investors for just over 50% of NoMad office (January 07, 2022)

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

• St. Francis College borrows $75.8M in bond financing for property in Brooklyn Heights (June 29, 2020)

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

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