Meyer Orbach

Orbach Affordable Housing Solutions

Orbach Affordable Housing Solutions|Orbach Group NYC portfolio

$1.9 billion* – elevator 65%, condo 21%; Manhattan 100%, Bronx 0%

88th largest portfolio by dollar value

2,129,907 sqft – elevator 78%, condo 21%;

156th largest by SF

8 properties – Manhattan 100%, Bronx 0%

1009th largest

1,587 residential units – Manhattan 100%, Bronx 0%

149th largest by residential units

Top Ten Associated Companies:

Black Spruce Management (22), Mordechai G. Piller (1), REDA Holdings (1), 2020-K740 (1)

Top Ten Associated People:

Josh Gotlib (13), Joshua Gotlib (6), Mordechai Piller (1), Julian Kiguel (1)

Recent activity as signatory:

Black Spruce Management and Orbach Affordable Housing Solutions borrowed $110.1 million from 2020-K740 for 420-434 East 61st St, Lenox Hill, Manhattan on December 08, 2022.

Orbach Group sold 2315 West 13th Street, 2322 West 11th Street, 2328 West 11th Street, 2302 West 12th Street, and 2314 West 12th Street, Gravesend, Brooklyn for $14.2 million to Mordechai G. Piller on August 11, 2022.

Orbach Group sold 120 West 105th Street, Upper West Side, Manhattan for $21.4 million to Black Spruce Management on November 09, 2021.

Orbach Group sold 933 Amsterdam Avenue, Upper West Side, Manhattan for $13.2 million to Black Spruce Management on November 09, 2021.

Orbach Group sold 931 Amsterdam Avenue, Upper West Side, Manhattan for $5 million to Black Spruce Management on November 09, 2021.

Orbach Group sold 971 Amsterdam Avenue, Upper West Side, Manhattan for $4.9 million to Black Spruce Management on November 08, 2021.

Orbach Group sold 929 Amsterdam Avenue, Upper West Side, Manhattan for $4.4 million to Black Spruce Management on November 08, 2021.

Orbach Group sold 965 Amsterdam Avenue, Upper West Side, Manhattan for $10 million to Black Spruce Management on November 05, 2021.

Orbach Group sold 969 Amsterdam Avenue, Upper West Side, Manhattan for $5.4 million to Black Spruce Management on November 04, 2021.

Orbach Group sold 165 Manhattan Avenue and 169 Manhattan Avenue, Upper West Side, Manhattan for $21 million to Black Spruce Management on November 04, 2021.

Latest Stories:

• Black Spruce, Orbach sign $290.6M refi with Apollo, RXR for 408-unit rental in Murray Hill (February 06, 2025)

• Black Spruce, Orbach pay $193.7M to Solow, part of $1.8B deal (December 09, 2022)

• Black Spruce, Orbach Affordable pay $387.5M to Solow in Murray Hill, part of $1.8B deal (September 30, 2022)

• Mordechai Piller pays $14.2M to Orbach Group for 5 walkups in Gravesend with 51 units (August 12, 2022)

• Black Spruce signs $189.4M refi with Signature Bank for 48 properties in Manhattan (May 04, 2022)

• Black Spruce pays $39.5M to Orbach Group for 3 UWS rentals, part of larger sale (November 10, 2021)

• Black Spruce Management pays $10M to Orbach Group for rental in Upper West Side (November 08, 2021)

• Black Spruce pays $26.4M to Orbach Group for three UWS rentals (November 05, 2021)

• REDA Holdings pays $21.5M to Orbach Group for property in the Upper West Side (January 15, 2021)

• Black Spruce pays $187M to Orbach Group for 44-building UWS portfolio (November 06, 2020)

Court Records:

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*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.

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