Osher Niyazov
Principal
REDA Group
Owner
REDA Group NYC portfolio
$35.8 million -hotel 73%, mixed-use 26%; Bronx 47%, Brooklyn 26%, Queens 26%*
2653th largest portfolio by dollar value
88,927 sqft – hotel 84%, mixed-use 15%; Bronx 60%, Brooklyn 23%, Queens 15%
2548th largest by SF
5 properties – Bronx 60%, Brooklyn 20%, Queens 20%
1970th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 1 for $9.4 million
Borrower signatory: 1 for $7.2 million
Top Ten Associated Companies:
Alpine Capital Bank (2), Minskoff Grant Realty & Management (1), New Millennium Bank (1), Manny Chadha (1)
Top Ten Associated People:
Jean Minskoff Grant (1), Kevin Joo Lee (1), Manny Chadha (1)
Recent activity as signatory:
• Minskoff Grant Realty & Management sold None for $9.4 million to REDA Group on March 20, 2026.
• REDA Group borrowed $7.2 million from New Millennium Bank for 3192 Atlantic Avenue on October 30, 2023.
• Osher Niyazov sold 1162 Wheeler Avenue for $5 million to Manny Chadha on October 28, 2022.
• REDA Group borrowed $7.2 million from Alpine Capital Bank for 346 Grand Concourse on August 15, 2022.
• Osher Niyazov borrowed $5.5 million from Alpine Capital Bank for 750 East Tremont Avenue on July 31, 2020.
Latest Stories:
• Manny Chadha pays $5M to Osher Niyazov for hotel in Soundview (November 15, 2022)
• REDA Group signs $7.2M refi with Alpine Capital Bank for hotel in Mott Haven (September 06, 2022)
• ZONING LOT: 30,236 square feet in East New York (July 24, 2019)
Court Records:
