Payman Yadidi
(Ray Yadidi)
Sioni Group
Owner
240 W 37th St 9th fl New York, NY 10018
Sioni Group NYC portfolio
$789.9 million -office 58%, specialty 26%, development 14%; Manhattan 85%, Bronx 14%*
295th largest portfolio by dollar value
845,715 sqft – office 100%; Manhattan 100%
549th largest by SF
17 properties – Manhattan 64%, Bronx 35%
585th largest
300 residential units – Manhattan 100%
853th largest by residential units
0 foreclosures, 0 bankruptcies, 88 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $71.3 million
Seller signatory: 1 for $260 million
Borrower signatory: 6 for $551.9 million
Top Ten Associated Companies:
Valley National Bank (6), Signature Bank (2), Silk & Halpern Realty Associates (1), Empire Management (1), Jack Elo (1), Kennedy Wilson (1), Crum & Forster (1), OdysseyRe (1), Sion Betesh (1), Ponte Gadea (1)
Top Ten Associated People:
Oren Sapirstein (2), Richard Halpern (1), Fred Ohebshalom (1), Victor Brown (1), Jack Elo (1), In Ku Lee (1), Michael P. McTigue (1), Elizabeth Arato (1), Lorraine Betesh (1), Sherry Ezon (1)
Recent activity as signatory:
• Sioni Group borrowed $105 million from Valley National Bank for None on April 21, 2026.
• Sioni Group and Patriarch Equities sold 377 7 Avenue for $260 million to Slate Property Group and Breaking Ground on December 19, 2025.
• Ponte Gadea sold 28 East 46 Street for $50 million to Sioni Group on October 21, 2025.
• Sioni Group borrowed $28.5 million from Valley National Bank for 28 East 46 Street on October 21, 2025.
• Sioni Group borrowed $143 million from Valley National Bank for 377 7 Avenue on July 09, 2025.
• Sioni Group borrowed $158.5 million from Kennedy Wilson, Crum & Forster and OdysseyRe for 991 Avenue Of The Americas on April 03, 2025.
• Empire Management sold 363 7 Avenue for $21.3 million to Sioni Group on February 26, 2025.
• Sioni Group borrowed $76.9 million from Starwood Property Trust for None on December 20, 2024.
• Sioni Group borrowed $40 million from Wells Fargo for 248 West 40 Street on November 27, 2024.
• Sioni Group borrowed $9.3 million from Valley National Bank for 8 East 45 Street on September 08, 2023.
Latest Stories:
• Sioni Group signs $105M refi with Valley for property in Belmont (May 06, 2026)
• Sioni Group revises Penn Plaza hotel-to-residential conversion with 625 units (December 09, 2024)
• Sioni Group pays $26.8M to Silk & Halpern for office in Grand Central (September 19, 2023)
Court Records: