Kevin Pivnick
Managing Director
Blackstone Group
(Blackstone Mortgage Trust, Revantage, ShopCore Properties, Retail Opportunity Investments, EQ Office, Perform Properties)
345 Park Avenue New York, NY 10154
1314 7th St Suite 500 Santa Monica, CA 90401
Blackstone Group NYC portfolio
$9.4 billion -elevator 54%, office 14%, condo 12%; Manhattan 82%, Queens 13%, Brooklyn 2%*
13th largest portfolio by dollar value
19,516,096 sqft – elevator 77%, office 10%, condo 5%; Manhattan 86%, Queens 9%, Brooklyn 2%
16th largest by SF
52 properties – Manhattan 62%, Brooklyn 13%, Queens 10%
172th largest
15,070 residential units – Manhattan 90%, Queens 8%
10th largest by residential units
292 foreclosures, 90 bankruptcies, 115 other court cases.
Other Links:
Person Activity past 24 months:
Lender signatory: 2 for $246.3 million
Top Ten Associated Companies:
GTJ REIT (1), Cape Advisors (1), Morgan Stanley (1), Allan Lebovits (1), Joyland Group (1)
Top Ten Associated People:
Paul Cooper (1), Craig Wood (1), Douglas Armer (1), Allan Lebovits (1), Joel Wertzberger (1), Judy Minster (1)
Recent activity as signatory:
• Allan Lebovits and Joyland Group borrowed $190 million from Corebridge Financial and Blackstone Group for 26 Boerum Street on November 07, 2025.
• Morgan Stanley borrowed $56.3 million from Blackstone Group and Corebridge Financial for 83-15 24 Avenue on October 17, 2025.
• Bruce Ratner Family borrowed $10.1 million from Cathay Bank for 74 North 4 Street on May 01, 2025.
• GTJ REIT borrowed $113.5 million from Blackstone Group for 23-45 87 Street on March 15, 2024.
• Cape Advisors borrowed $212 million from AIG and Blackstone Group for 30-88 12 Street on December 14, 2022.
Latest Stories:
• Joyland Group, Allan Lebovits sign $190M refi with Corebridge in Williamsburg (November 19, 2025)
• Joyland, Loketch sign $150M refi with TPG for 270-unit project in Williamsburg (August 01, 2024)
• Cape Advisors buys 12% stake from partner Cottonwood at 3 Astoria rentals (July 31, 2024)