Harry Adjmi

ACHS Management

(A&H Acquisitions)

ACHS Management NYC portfolio

$915.6 million* – retail 59.0%, mixed-use 18.0%; Manhattan 42.0%, Brooklyn 26.0%

190th largest portfolio by dollar value

1,441,265 sqft – retail 60%, mixed-use 21%;

229th largest by SF

73 properties – Brooklyn 38%, Queens 26%

128th largest

127 residential units – Bronx 54%, Manhattan 39%

1213th largest by residential units

4 foreclosures, 1 bankruptcy, 2 other court cases.

Person Activity past 24 months:

Seller signatory: 2 for $16.1 million

Borrower signatory: 1 for $12.6 million

Developer (new building or major alteration): 1 for 3,380 square feet

Top Ten Associated Companies:

U.S. Century Bank (1), Shaare Zion Congregation (1), Zorislav Spivak (1), Richard Adjmi (1), Signature Bank (1)

Top Ten Associated People:

Ramon Ferran (1), Zorislav Spivak (1), Richard Adjmi (1), Nicholas A. LaMorte (1)

Recent activity as signatory:

• ACHS Management borrowed $12.6 million from U.S. Century Bank for 447 86th Street, Bay Ridge, Brooklyn on March 12, 2025.

A&H Acquisitions sold 100-07 Queens Boulevard, Forest Hills, Queens for $11.4 million to Zorislav Spivak on December 27, 2024.

Harry Adjmi sold 2050 Ocean Parkway, Gravesend, Brooklyn for $4.8 million to Shaare Zion Congregation on March 31, 2023.

Richard Adjmi sold 526 Avenue T, Gravesend, Brooklyn for $3.5 million to ACHS Management on December 08, 2022.

• ACHS Management borrowed $50 million from Signature Bank for 1007 Flatbush Avenue, Flatbush, Brooklyn on April 22, 2022.

Court Records:

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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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