Matthew Burrows

Kushner Companies

Owner

767 Fifth Avenue, New York, NY 10153

30 Columbia Turnpike, Florham Park, NJ 07932

To see contact information you need a Professional level subscription

Subscribe ($125/month)

LinkedIn

Kushner Companies NYC portfolio

$848.3 million* – walkup 60.0%, condo 31.0%; Manhattan 91.0%, Brooklyn 8.0%

199th largest portfolio by dollar value

698,910 sqft – walkup 41%, condo 28%;

469th largest by SF

36 properties – Manhattan 86%, Brooklyn 13%

266th largest

594 residential units – Manhattan 82%, Brooklyn 17%

364th largest by residential units

1 foreclosure, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Seller signatory: 12 for $167.7 million

Top Ten Associated Companies:

Penn South Capital (4), TARGO Capital Partners (3), JSB Capital Group (2), Sky Management (2), REDA Holdings (1), Sabet Group (1)

Top Ten Associated People:

Parag Sawhney (4), David Gleitman (3), Jonah Jay Lobel (2), Jonathan Ohebshalom (2), Julian Kiguel (1), Alfred Sabetfard (1)

Recent activity as signatory:

Kushner Companies sold 318 East 11th Street, East Village, Manhattan for $7.6 million to Sky Management on November 21, 2024.

Kushner Companies sold 99 East 7th Street, East Village, Manhattan for $3.6 million to Sky Management on November 21, 2024.

Kushner Companies sold 516 East 13th Street and 518 East 13th Street, Alphabet City, Manhattan for $11 million to JSB Capital Group on October 07, 2024.

Kushner Companies sold 335 East 9th Street, 333 East 9th Street, 331 East 9th Street, and 329 East 9th Street, East Village, Manhattan for $27 million to JSB Capital Group on October 07, 2024.

Kushner Companies sold 99 East 3rd Street, East Village, Manhattan for $4.8 million to Penn South Capital on February 12, 2024.

Kushner Companies sold 170 East 2nd Street and 174 East 2nd Street, Alphabet City, Manhattan for $22 million to Penn South Capital on February 08, 2024.

Kushner Companies sold 325 East 10th Street, Alphabet City, Manhattan for $9.6 million to Penn South Capital on February 06, 2024.

Kushner Companies sold 23 Avenue A, East Village, Manhattan for $5.1 million to Penn South Capital on February 06, 2024.

Kushner Companies sold 315 East 10th Street, Alphabet City, Manhattan for $9.1 million to TARGO Capital Partners on January 05, 2024.

Kushner Companies sold 120 East 4th Street and 118 East 4th Street, East Village, Manhattan for $22.9 million to TARGO Capital Partners on January 05, 2024.

Latest Stories:

• Sky Management pays $11.2M to Kushner for 31 units in East Village (November 22, 2024)

• JSB Capital pays $38M to Kushner Cos. for 6 East Village walkups (October 08, 2024)

• Penn South pays $4.8M to Kushner for mixed-use in East Village, part of $41M portfolio deal (February 13, 2024)

• Penn South pays $22M to Kushner for walkups in Alphabet City, part of $41M deal (February 09, 2024)

• Penn South Capital pays $14.7M to Kushner for two walkups in Alphabet City (February 07, 2024)

• TARGO Capital pays $57.45M to Kushner for 6 walkups in Alphabet City, East Village (January 05, 2024)

• Sabet Group pays $19.5M to Kushner for two walkups in Alphabet City (November 14, 2023)

• REDA Holdings pays $34.9M to Kushner Companies for 46-unit rental in Williamsburg (February 14, 2023)

• Kushner Companies borrows $32M from Citigroup for multifamily property in East Village (February 27, 2020)

• Kushner Companies borrows $36M from Citibank for multifamily property in East Village (December 18, 2019)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

Leave a Reply