Jack Braha
Chief Financial Officer
Gindi Capital
Owner
499 Park Avenue, Suite 2501 New York, NY – 10022
Gindi Capital NYC portfolio
$322.1 million -mixed-use 25%, office 17%, condo 15%; Manhattan 48%, Brooklyn 42%, Queens 8%*
744th largest portfolio by dollar value
372,800 sqft – office 43%, condo 29%, mixed-use 18%; Brooklyn 72%, Queens 15%, Manhattan 11%
1093th largest by SF
14 properties – Manhattan 42%, Brooklyn 42%, Queens 14%
788th largest
1 foreclosure, 0 bankruptcies, 2 other court cases.
Other Links:
Person Activity past 24 months:
Buyer signatory: 2 for $70 million
Borrower signatory: 1 for $50.4 million
Developer (new building or major alteration): 6 for 4,220 square feet
Top Ten Associated Companies:
PIMCO (2), Maheshchand M. Ratanji (1), UMB Bank (1), Gindi Capital (1), Apollo Global Management (1), Israel Discount Bank (1)
Top Ten Associated People:
Richard Fraser (2), Maheshchand Ratanji (1)
Recent activity as signatory:
• Gindi Capital borrowed $50.4 million from Apollo Global Management for 486 Fulton Street and 25 Elm Place, Downtown Brooklyn, Brooklyn on March 19, 2026.
• PIMCO sold 29 Elm Place for $55 million to Gindi Capital on March 19, 2026.
• PIMCO sold 486-496 Fulton Street, Downtown Brooklyn, Brooklyn for $15 million to Gindi Capital on March 19, 2026.
• Gindi Capital, Nakash Holdings and Chetrit Group borrowed $50.5 million from UMB Bank for 641 Smith Street on March 21, 2023.
• Gindi Capital borrowed $14.2 million from Israel Discount Bank for 2494 Elm Place on May 05, 2022.
• Gindi Capital sold 243 Bay Street for $45 million to Gindi Capital on December 22, 2020.
• Jack Braha sold 1030 Flatbush Avenue for $11.2 million to Maheshchand M. Ratanji on August 19, 2020.
Latest Stories:
• Gindi Capital pays $70M to PIMCO for office, retail in Downtown Brooklyn (April 08, 2026)
• Allen Franco pays $4.9M to Gindi Capital for two properties in Fordham Heights (February 04, 2025)
• Gindi, Nakash, Chetrit sign $50.5M initial loan for warehouse project in Red Hook (March 31, 2023)
• Maheschand Ratanji pays $11M to Jack Braha for property in Flatbush (September 03, 2020)
