Isaac Chera
(Ike Chera)
Crown Acquisitions
667 Madison Ave, New York, NY 10065
73 Spring Street, Floor 5, New York, NY 10012
Crown Acquisitions NYC portfolio
$1.4 billion -office 78%, condo 10%, D4 6%; Manhattan 96%, Brooklyn 1%, Staten Island 1%*
167th largest portfolio by dollar value
1,027,397 sqft – office 43%, retail 31%, D4 13%; Manhattan 62%, Staten Island 31%, Queens 5%
474th largest by SF
9 properties – Queens 42%, Manhattan 35%, Brooklyn 14%
1112th largest
107 residential units – Manhattan 96%, Brooklyn 3%
1749th largest by residential units
2 foreclosures, 0 bankruptcies, 7 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $23 million
Seller signatory: 1 for $23.4 million
Borrower signatory: 1 for $9.7 million
Top Ten Associated Companies:
Macy’s Inc. (1), Steven Sasson (1), BankUnited (1), East West Bank (1), John Tieri (1), Raymond Dayan (1), Samuel Brach (1), Nancy Glassman (1)
Top Ten Associated People:
Charles P. DiGiovanna (1), Steven Sasson (1), Carly Berfas (1), Janny Cheung (1), John Tieri (1), Raymond Dayan (1), Samuel Brach (1), Nancy Glassman (1)
Recent activity as signatory:
• Crown Acquisitions borrowed $9.7 million from BankUnited for 5102 5 Avenue on July 24, 2025.
• Crown Acquisitions sold 37-80 Junction Boulevard for $23.4 million to Steven Sasson on April 25, 2025.
• Macy’s Inc. sold 422 Fulton Street, Downtown Brooklyn, Brooklyn for $23 million to United American Land, Crown Acquisitions and Jackson Group on December 04, 2024.
• Crown Acquisitions sold 6505 18 Avenue for $10.3 million to Samuel Brach on August 22, 2023.
• Crown Acquisitions borrowed $5 million from East West Bank for 6505 18 Avenue on June 29, 2023.
• John Tieri sold 6505 18 Avenue for $7.7 million to Crown Acquisitions on June 29, 2023.
• Raymond Dayan sold 5106 5th Avenue, Sunset Park, Brooklyn for $2 million to Crown Acquisitions on November 29, 2022.
• Nancy Glassman sold 5102 5 Avenue for $4.4 million to Crown Acquisitions on November 22, 2022.