Joseph Sasson
(J. Sasson)
Lender
IceCap Group
(Ice Lender Holdings, O5 Group, Oved Group)
Lender
70 W 36th St. 13th Fl New York, NY 10018
31 W 34th St. 4th floor New York, NY 10001
IceCap Group NYC portfolio
$126.4 million -office 71%, mixed-use 23%, development 3%; Manhattan 95%, Bronx 3%, Brooklyn 1%*
1312th largest portfolio by dollar value
297,029 sqft – office 92%, C1 3%, mixed-use 1%; Manhattan 94%, Bronx 4%, Brooklyn 1%
1197th largest by SF
6 properties – Bronx 50%, Manhattan 33%, Brooklyn 16%
1646th largest
42 residential units – Bronx 85%, Brooklyn 14%
2839th largest by residential units
2 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Lender signatory: 10 for $85.3 million
Top Ten Associated Companies:
Builders Group USA (2), Yelena Vaynshteyn (2), Westbridge Realty Group (2), Shimshon Grunstein (1), Solomon Schwimmer (1), Israel Chaim Hirsch (1), Chayim Rosenfeld (1), L&A Developers Group (1)
Top Ten Associated People:
Yitzchok Salamon (2), Yelena Vaynshteyn (2), Steven Westreich (2), Ascher Berkowitz (1), Solomon Schwimmer (1), Isreal Chaim Hirsch (1), Chayim Rosenfeld (1), Andrea Gjini (1)
Recent activity as signatory:
• L&A Developers Group borrowed $26 million from IceCap Group for 19 East 198 Street on April 10, 2026.
• Yelena Vaynshteyn borrowed $5.3 million from IceCap Group for 3073 Barker Avenue on September 30, 2025.
• Westbridge Realty Group borrowed $9.9 million from IceCap Group for 4574 3 Avenue on August 21, 2025.
• Yelena Vaynshteyn borrowed $6.8 million from IceCap Group for 2279 Barker Avenue on June 24, 2025.
• Westbridge Realty Group borrowed $5.6 million from IceCap Group for 1139 Anderson Avenue, Highbridge, Bronx on May 13, 2025.
• Builders Group USA borrowed $6.4 million from IceCap Group for 195 Humboldt Street on February 24, 2025.
• Builders Group USA borrowed $6.5 million from IceCap Group for 1331 Morris Avenue, Claremont Village, Bronx on February 24, 2025.
• Shimshon Grunstein borrowed $5.8 million from IceCap Group for 731 East 213 Street on November 07, 2024.
• Solomon Schwimmer borrowed $5 million from IceCap Group for 679 Marcy Avenue on October 29, 2024.
• Israel Chaim Hirsch and Chayim Rosenfeld borrowed $8 million from IceCap Group for 26 Milford Street on August 27, 2024.
