Kiumarz Geula
Principal
Pillar Property Management
Owner
Pillar Property Management NYC portfolio
$140.7 million* – development 32.0%, specialty 23.0%; Bronx 68.0%, Queens 24.0%
947th largest portfolio by dollar value
231,421 sqft – specialty 34.0%, office 33.0%;
1063th largest by SF
12 properties – Bronx 75%, Queens 16%
713th largest
12 residential units – Bronx 100.0%, Manhattan 0.0%
3772th largest by residential units
Person Activity past 24 months:
Borrower signatory: 2 for $20.5 million
Developer (new building or major alteration): 56 for 25,868 square feet
Top Ten Associated Companies:
Bethpage Federal Credit Union (3), Bank of Hope (3), Dime Community Bank (3), Bethpage Commercial (1), Rockwood Park Jewish Center (1), RCH Capital (1), Bank of America (1)
Top Ten Associated People:
Harold Rosenbaum (1), Andrew Lenzioszek Jr. (1), Chun Gun Park (1), Mario Colon (1), Robert Fish (1)
Recent activity as company:
• Pillar Property Management borrowed $20.5 million from Bank of Hope for 647-651 Elton Avenue, 430 East 153rd Street, and 428 East 153rd Street, Melrose, Bronx on November 15, 2024.
• Pillar Property Management borrowed $0 from RCH Capital for 310 West 36th Street, Garment District, Manhattan on April 01, 2024.
• Pillar Property Management borrowed $16 million from Bank of Hope for 1366 Cromwell Avenue, Mt Eden, Bronx on January 10, 2023.
• Kiumarz Geula filed plans for new building for 68,317 sqft in Melrose, Bronx, on December 14, 2022.
• Pillar Property Management borrowed $18.1 million from Dime Community Bank for 808 Cauldwell Avenue, Longwood, Bronx on November 30, 2022.
• Kiumarz Geula borrowed $7.2 million from Bethpage Federal Credit Union for 156-45 84th Street, Howard Beach, Queens on September 08, 2022.
• Rockwood Park Jewish Center sold 156-45 84th Street, Howard Beach, Queens for $3.5 million to Pillar Property Management on September 08, 2022.
• Pillar Property Management borrowed $17 million from Dime Community Bank for N/A Washington Avenue, Morrisania, Bronx on January 07, 2022.
• Kiumarz Geula filed plans for new building for 52,539 sqft in Mt Eden, Bronx, on November 23, 2021.
• Pillar Property Management borrowed $18.2 million from Dime Community Bank for 15-20 Central Avenue, Far Rockaway, Queens on July 21, 2021.
Latest Stories:
• RCH Capital buys $3.6M note secured by Garment District building (April 02, 2024)
• Pillar Property obtained financing of $14M from Bank of Hope (September 05, 2019)