Osher Niyazov
Principal
REDA Group
Owner
REDA Group NYC portfolio
$19.1 million* – hotel 100%; Bronx 50%, Brooklyn 49%
3073th largest portfolio by dollar value
42,887 sqft – hotel 100%;
3100th largest by SF
2 properties – Bronx 50%, Brooklyn 50%
3355th largest
Person Activity past 24 months:
Borrower signatory: 1 for $7.2 million
Developer (new building or major alteration): 3 for 0 square feet
Top Ten Associated Companies:
Alpine Capital Bank (2), Manny Chadha (1), New Millennium Bank (1)
Top Ten Associated People:
Manny Chadha (1), Kevin Joo Lee (1)
Recent activity as company:
• REDA Group borrowed $7.2 million from New Millennium Bank for 3294 Atlantic Avenue, East New York, Brooklyn on April 15, 2024.
• Osher Niyazov sold 1162 Wheeler Avenue, Soundview, Bronx for $5 million to Manny Chadha on November 14, 2022.
• REDA Group borrowed $7.2 million from Alpine Capital Bank for 346 Grand Concourse, Mott Haven, Bronx on September 02, 2022.
• Osher Niyazov borrowed $5.5 million from Alpine Capital Bank for 752 East Tremont Avenue, Tremont, Bronx on August 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: