Jeff Sutton
Owner
Wharton Properties
(Wharton Realty, Wharton Residential, Wharton Residential Properties)
Owner
500 5th Ave 54th floor, New York, NY 10110
Wharton Properties NYC portfolio
$3.1 billion -office 52%, retail 30%, mixed-use 6%; Manhattan 86%, Brooklyn 9%, Queens 2%*
67th largest portfolio by dollar value
3,397,980 sqft – office 62%, retail 16%, condo 8%; Manhattan 85%, Brooklyn 10%, Bronx 1%
130th largest by SF
98 properties – Manhattan 36%, Brooklyn 36%, Queens 13%
67th largest
226 residential units – Manhattan 63%, Brooklyn 36%
1065th 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: 8 for $366.1 million
Top Ten Associated Companies:
Valley National Bank (3), Prada (3), Provident Bank (2), Wharton Properties (2), BLDG Management (2), Webster Bank (2), Blackstone Group (2), Kering (1), JPMorgan Chase (1), KB Financial Group (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), Peggy Hung Chun Ma (1), Roni Chera (1)
Recent activity as signatory:
• Wharton Properties borrowed $5.2 million from Peapack Private Bank & Trust for 2906 3 Avenue on August 25, 2026.
• Wharton Properties borrowed $20.3 million from Provident Bank for 42 West 34 Street on June 21, 2026.
• 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.
• Wharton Properties and Jenel Real Estate borrowed $38.9 million from UMB Bank trustee for 2700 Broadway, Upper West Side, Manhattan on May 30, 2025.
• SL Green Realty sold 23 East 62 Street for $34 million to Wharton Properties on December 05, 2024.
• Ashkenazy Acquisition, 101 Holdings and Wharton Properties sold 21 East 62 Street for $7.4 million to JSRE Acquisitions on October 10, 2024.
• Wharton Properties sold 1671 East 16 Street for $12.8 million to Leonid Vayner on October 08, 2024.
• Wharton Properties borrowed $20 million from U.S. Century Bank for 103 Wooster Street on August 09, 2024.
• Wharton Properties and Midtown Equities sold 451 Myrtle Avenue for $9.4 million to Peggy Hung Chun Ma on April 26, 2024.
• Wharton Properties, Aurora Capital Associates and ACHS Management borrowed $10 million from NongHyup Bank for 513 5 Avenue on April 15, 2024.
• Wharton Properties sold 152-65 11 Avenue for $3 million to Little Flock Church on February 14, 2024.
Latest Stories:
• Wharton Properties signs $20.3M refi with Provident Bank for retail in Penn Plaza (July 27, 2026)
• 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)
Court Records: