Jack Elo
Elo Realty Corporation
Owner
Broker
42 W 48th St, New York, NY 10036
Elo Realty Corporation NYC portfolio
$52.4 million -office 89%, retail 10%; Manhattan 89%, Brooklyn 10%*
2171th largest portfolio by dollar value
160,490 sqft – office 75%, retail 24%; Manhattan 75%, Brooklyn 24%
1792th largest by SF
2 properties – Manhattan 50%, Brooklyn 50%
3716th largest
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $43 million
Seller signatory: 2 for $1.5 million
Borrower signatory: 1 for $49 million
Top Ten Associated Companies:
Citibank (3), Dime Community Bank (3), JPMorgan Chase (2), Edmund Weinmann (1), William Zeng Zhang Shao (1), Ray Yadidi (1), Hirshmark Capital (1), Goose Property Management (1), Robert A. Posner (1)
Top Ten Associated People:
Jonathan Misher (2), Arline Weinmann (1), Justin Waiser (1), William Zeng Zhang Shao (1), Payman Yadidi (1), Isaac Chetrit (1), William J. Newham III (1), Ursula Flores (1), Yitzchok Katz (1), Robert A. Posner (1)
Recent activity as signatory:
• Elo Organization borrowed $49 million from Citibank for 8 West 48 Street on January 24, 2025.
• Edmund Weinmann sold 27 West 46 Street for $43 million to Elo Organization on January 24, 2025.
• Elo Organization sold 768 Flatbush Avenue for $1.5 million to William Zeng Zhang Shao on November 26, 2024.
• Elo Organization sold 180 3 Avenue for $0 to Goose Property Management on February 13, 2024.
• Elo Organization borrowed $5.6 million from Dime Community Bank for 19 East 48 Street on January 29, 2024.
• Jack Elo borrowed $21.5 million from Hirshmark Capital for 8 West 48 Street on November 06, 2023.
• Robert A. Posner sold 8 West 48 Street for $34.7 million to Jack Elo on November 06, 2023.
• Jack Elo borrowed $8.3 million from Citibank for 207 3 Avenue on November 01, 2023.
• Elo Organization borrowed $19.5 million from JPMorgan Chase for 46 West 48 Street on April 07, 2022.
• ELO Organization borrowed $31 million from Dime Community Bank for 30 West 47 Street on November 23, 2021.
Latest Stories:
• Extell battles Pinnacle Group over future management of Midtown West hotel (June 25, 2025)
• Elo Organization pays $43M to Weinmann family for office in Midtown West (January 29, 2025)
• Elo Organization sells mixed-use in Flatbush for $1.5M (December 13, 2024)
• Yitzchok Katz of Goose Property in contract to buy Gowanus dev site from Elo Org. (May 17, 2024)
• Extell signs $220M construction loan for 534-key project in Midtown West (December 26, 2023)
• Jack Elo pays $34.7M to Robert Posner for office in Midtown West (November 09, 2023)
• ELO Organization signs $31M refi for Diamond District building (December 17, 2021)
• Elo Equity ups debt to $141M from Citigroup for property in Times Square (December 24, 2020)
Court Records:
Properties:
Broker Info
Broker Company: Elo Realty Corporation
Active listings summary:
Total active listings as a Broker: 1 for $5,619,934; office 100%; 16,896 sqft; 1 properties; 0.0 residential units
Active Listings:
A listing for 19 East 48 Street is being marketed for sale with $32,000,000 price by broker Jack Elo of Elo Realty Corporation
Recent activity as broker:
• No recent activity found for this broker.
Latest Stories (Broker):
• Jack Elo pays $34.7M to Robert Posner for office in Midtown West (November 09, 2023)