Jeff Sutton
Owner
Wharton Properties
(Wharton Residential Properties, Wharton Residential, Wharton Realty, Wharton Properties_0FD10B)
Owner
500 5th Ave 54th floor, New York, NY 10110
Wharton Properties NYC portfolio
$3.1 billion -office 52%, retail 31%, mixed-use 6%; Manhattan 85%, Brooklyn 10%, Queens 2%*
68th largest portfolio by dollar value
3,468,999 sqft – office 60%, retail 18%, condo 8%; Manhattan 85%, Brooklyn 9%, Bronx 1%
123th largest by SF
100 properties – Manhattan 37%, Brooklyn 36%, Queens 13%
64th largest
226 residential units – Manhattan 63%, Brooklyn 36%
1068th largest by residential units
8 foreclosures, 0 bankruptcies, 15 other court cases.
Person Activity past 24 months:
Buyer signatory: 3 for $39.2 million
Seller signatory: 6 for $282.1 million
Borrower signatory: 6 for $340.7 million
Top Ten Associated Companies:
Prada (3), Valley National Bank (3), Wharton Properties (2), BLDG Management (2), Webster Bank (2), Blackstone Group (2), KB Financial Group (1), Little Flock Church (1), Marimo Co., Ltd. (1), HSBC Bank (1)
Top Ten Associated People:
Maurizio Ciabatti (3), Lloyd Goldman (2), Oren Sapirstein (2), Jeff Sutton (1), Robert A. Morelli (1), Samuel Frankel (1), Phil Rothenberg (1), Maurizio Prainito (1), Roni Chera (1), Carol Chera (1)
Recent activity as signatory:
• Seth Rubinstein and Ira Rubinstein sold None for $5.2 million to Wharton Properties on April 28, 2026.
• Wharton Properties, BNK Financial Group and Daol Asset Management sold 174 Berry Street for $33.5 million to Yoshida & Co. on March 16, 2026.
• Wharton Properties sold 481 Kings Highway for $6.8 million to Jack Israel on March 11, 2026.
• Wharton Properties borrowed $176 million from Acore Capital for 1553 Broadway on February 09, 2026.
• Robert Zeisel ground leased 78 Greene Street valued at $0 to Wharton Properties on December 17, 2025.
• Wharton Properties borrowed $5.7 million from TD Bank for 462 Fulton Street on September 26, 2025.
• Wharton Properties, Aurora Capital Associates, ACHS Management and Joseph Sitt sold 533 Broadway for $213 million to Ikea on September 26, 2025.
• Wharton Properties borrowed $100 million from Rialto Management Group for 297 Lenox Avenue on July 29, 2025.
• Wharton Properties sold 160 Montague Street, Brooklyn Heights, Brooklyn for $8.6 million to Blackstone Group and Rialto Capital Management on June 27, 2025.
• Wharton Properties on June 06, 2025 bought a loan with an original principal of $3.8 million from Blackstone Group and Rialto Management Group, signed by Albert Picallo, secured by 166-19 Jamaica Avenue, when owned by Wharton Properties.
Latest Stories:
• Jeff Sutton’s Wharton Properties pays $5.2M for mixed-use retail in Brighton Beach (May 07, 2026)
• Jack Israel pays $6.8M to Wharton Properties for mixed-use in Gravesend (March 18, 2026)
• Yoshida & Co. pays $33.5M to Jeff Sutton, partners for retail in Williamsburg (March 18, 2026)
• Wharton Properties signs $176M refi with Acore for retail in Times Square (March 04, 2026)
• Richemont is buyer of 690 Madison, pays SLG, Jeff Sutton $54.5M: Sources (March 03, 2026)
• Wharton Properties signs 35-year ground lease for retail, residential in SoHo (December 23, 2025)
• Buyer pays $2.5M to Jeff Sutton, Peter Botsaris for retail in Jamaica (October 27, 2025)
• Vornado pays $19.1M for Jenel retail in Penn Plaza facing foreclosure auction (October 24, 2025)
• Ikea pays $213M to Wharton Properties, partners, for retail in SoHo (October 01, 2025)
Court Records:
