Igal Namdar
Ceo
Namdar Realty Group
Owner
150 Middle Neck Rd #304 Great Neck, NY 11021
Namdar Realty Group NYC portfolio
$924.1 million -office 42%, walkup 19%, condo 17%; Manhattan 80%, Brooklyn 10%, Bronx 8%*
248th largest portfolio by dollar value
1,951,345 sqft – office 37%, walkup 21%, condo 15%; Manhattan 66%, Brooklyn 17%, Bronx 14%
252th largest by SF
82 properties – Manhattan 38%, Brooklyn 34%, Bronx 20%
87th largest
941 residential units – Manhattan 51%, Bronx 24%, Brooklyn 20%
346th largest by residential units
10 foreclosures, 5 bankruptcies, 460 other court cases.
Person Activity past 24 months:
Buyer signatory: 8 for $154.8 million
Seller signatory: 1 for $85 million
Borrower signatory: 6 for $490.7 million
Top Ten Associated Companies:
Signature Bank (3), Reznik Paz Nevo Trusts (3), Preferred Bank (2), New York Community Bank (1), Brodsky Organization (1), Dime Community Bank (1), Societe Generale (1), Nuveen Real Estate (1), Sion Dadon (1), Scott Milchman (1)
Top Ten Associated People:
Hillel Lazarus (3), J. Dean Amro (1), Nick Wang (1), Louis Ciniglio (1), Kevin Kelley (1), James Farrar (1), Kenneth A. Stagnari (1), Sion Dadon (1), Hanna Dadon (1), Samuel J. Dushey (1)
Recent activity as signatory:
• Maverick Real Estate Partners sold 448 West 14 Street for $23.5 million to Namdar Realty Group on February 06, 2026.
• Namdar Realty Group, Empire Capital Holdings and Mason Asset Management borrowed $172.4 million from Reznik Paz Nevo Trusts for 527 5 Avenue on January 21, 2026.
• Taconic Partners and Settlement Housing Fund sold None for $7.5 million to Namdar Realty Group on December 18, 2025.
• Abraham Khalili and Namdar Realty Group borrowed $93.5 million from Deutsche Bank for 836 3 Avenue on December 05, 2025.
• Nancy J. Haber sold 230 Fort Washington Avenue for $5 million to Namdar Realty Group and Klosed Properties on July 28, 2025.
• Namdar Realty Group and Klosed Properties borrowed $33.1 million from Blue Owl Capital for 85 Jay Street and 85 Jay Street, DUMBO, Brooklyn on July 28, 2025.
• CIM Group sold 85 Jay Street and 85 Jay Street, DUMBO, Brooklyn for $54.5 million to Namdar Realty Group and Klosed Properties on July 28, 2025.
• Nuveen Real Estate sold 225 West 83rd Street, Upper West Side, Manhattan for $9.8 million to Mason Asset Management and Namdar Realty Group on February 26, 2025.
• Namdar Realty Group and Empire Capital Holdings sold 341 7 Avenue for $85 million to Katan Realty Group, Kohan Retail Investment Group and Ilya Mikhailov on January 08, 2025.
• Nightingale Properties ground leased 22 East 46 Street valued at $10.4 million to Namdar Realty Group and Klosed Properties on October 31, 2024.
Latest Stories:
• Dynamic Star re-files bankruptcies, blocking $115.5M UCC auction set for tomorrow (March 17, 2026)
• Namdar pays $23.5M to Maverick for retail in Meatpacking District REO sale (February 12, 2026)
• CREMAC buys $42.5M note secured by Dynamic Star’s dev site in University Heights (July 16, 2025)