Michael Friedman
Owner
Michael Friedman portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$22.4 million – walkup 93%, mixed-use 4%; Bronx 75%, Brooklyn 24%
1602th largest portfolio by dollar value
321,063 sqft – walkup 96%, mixed-use 2%;
842th largest by SF
19 properties – Bronx 63%, Brooklyn 36%
139th largest
367 residential units – Bronx 92%, Brooklyn 7%
455th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $2.5 million
Borrower signatory: 0 for $0
Lender signatory: 1 for $185 million
Developer (new building or major alteration): 1 for 7,911 square feet
Top Ten Associated Companies:
Sapir Organization (1), Xinyuan Real Estate (1), Eliezer Solomon (1), Navigation Capital Group (1), Elad Group (1), Saul Rosenberg (1)
Top Ten Associated People:
Sharon Raz (1), Jared Simon (1), Eliezer Solomon (1), Patrick Chaolun Zhu (1), Yoel Shargian (1), Saul Rosenberg (1)
Recent activity as signatory:
• EOS Hospitality borrowed $115.1 million from Apollo Global Management for 111 North 12th Street, Williamsburg, Brooklyn on July 08, 2024.
• Navigation Capital Group borrowed $185 million from Kriss Capital for 135 East 47th Street, Midtown East, Manhattan on April 08, 2024.
• Michael Friedmanand Abraham Friedmanand Saul Friedman sold 1322 45th Street, Borough Park, Brooklyn for $2.5 million to Eliezer Solomon on August 28, 2023.
• Michael Friedman filed plans for major alteration for 7,911 sqft in Bushwick, Brooklyn, on June 28, 2023.
• Borough Equitiesand Value Development Partners borrowed $11.7 million from Urban Standard Capital for 66 Clinton Street, Lower East Side, Manhattan on April 13, 2023.
• Saul Rosenberg sold 48 Herkimer Place and 50 Herkimer Place, Bedford-Stuyvesant, Brooklyn for $1.5 million to Michael Friedman on December 20, 2022.
• Sapir Organization borrowed $90.1 million from Tel Aviv Stock Exchange bondholders for 9 Crosby Street, Little Italy, Manhattan on August 18, 2022.
• Xinyuan Real Estate borrowed $45 million from Klimart Capital for 429 Kent Avenue, 429 Kent Avenue, 429 Kent Avenue, 429 Kent Avenue, 429 Kent Avenue, and others, Williamsburg, Brooklyn on April 26, 2022.
• Elad Group borrowed $37.3 million from Kriss Capital for 1 West End Avenue, 1 West End Avenue, 1 West End Avenue, 1 West End Avenue, 1 West End Avenue, and others, Lincoln Square, Manhattan on June 30, 2021.
• Michael Friedman filed plans for major alteration for 2,138 sqft in Van Nest, Bronx, on August 04, 2020.