Igal Namdar

Ceo

Namdar Realty Group

Owner

150 Middle Neck Rd #304 Great Neck, NY 11021

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Namdar Realty Group NYC portfolio

$951.4 million* – walkup 36%, office 31%, condo 12%; Manhattan 82%, Bronx 9%, Brooklyn 7%

176th largest portfolio by dollar value

1,776,328 sqft – office 40%, walkup 24%, condo 9%;

187th largest by SF

80 properties – Manhattan 36%, Brooklyn 36%, Bronx 21%

98th largest

887 residential units – Manhattan 48%, Bronx 26%, Brooklyn 22%

268th largest by residential units

10 foreclosures, 1 bankruptcy, 3 other court cases.

Person Activity past 24 months:

Buyer signatory: 4 for $64.2 million

Seller signatory: 1 for $85 million

Borrower signatory: 6 for $331.9 million

Top Ten Associated Companies:

Signature Bank (3), Preferred Bank (2), Reznik Paz Nevo Trusts (2), Dime Community Bank (1), Societe Generale (1), Nuveen Real Estate (1), Sion Dadon (1), Scott Milchman (1), Sugar Hill Capital Partners (1), Metropolitan Commercial Bank (1)

Top Ten Associated People:

Hillel Lazarus (2), 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), David J. Dushey (1)

Recent activity as signatory:

• 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 7th Avenue, 287 7th Avenue, 343 7th Avenue, and 167 West 29th Street, Chelsea, Manhattan for $85 million to Katan Realty Group, Kohan Retail Investment Group and Ilya Mikhailov on January 08, 2025.

• Nightingale Properties sold 20 East 46th Street, Grand Central, Manhattan for $10.4 million to Namdar Realty Group and Klosed Properties on October 31, 2024.

• Namdar Realty Group, Empre Capital and Mason Asset Management borrowed $24.3 million from Symetra Life Insurance Company for 321 West 44th Street, Hell’s Kitchen, Manhattan on September 19, 2024.

• Related Companies sold 321 West 44th Street, Hell’s Kitchen, Manhattan for $40.5 million to Namdar Realty Group, Empire Capital and Mason Asset Management on September 19, 2024.

• Abdul M. Khan sold 2250 Grand Concourse, Fordham Heights, Bronx for $3.6 million to Namdar Realty Group and Klosed Properties on July 22, 2024.

• Witnick Real Estate Partners, Namdar Realty Group and Gorjian Real Estate Group borrowed $20.2 million from Societe Generale for 30 East 14th Street, Greenwich Village, Manhattan on July 03, 2024.

• Namdar Realty Group, Klosed Properties and Silber Investment Properties borrowed $147.1 million from Reznik Paz Nevo Trusts for 117 West 57th Street, 128 E 86th St, 666 9th Avenue, 312 Manhattan Avenue, 578 9th Avenue, and others, Midtown West, Manhattan on May 24, 2024.

• Ramin Abdolazadeh, Klosed Properties, Namdar Realty Group and Silber Investment Properties borrowed $14.6 million from Ladder Capital for 117 West 57th Street and 128 East 86th Street, Midtown West, Manhattan on November 02, 2023.

• Namdar Realty Group and Empire Capital Holdings borrowed $111.2 million from Reznik Paz Nevo Trusts for 529 5th Avenue and 587 5th Avenue, Grand Central, Manhattan on September 20, 2023.