Payman Yadidi
(Ray Yadidi)
Sioni Group
Owner
240 W 37th St 9th fl New York, NY 10018
Sioni Group NYC portfolio
$884.8 million -office 55%, specialty 23%, development 13%; Manhattan 86%, Bronx 13%*
259th largest portfolio by dollar value
924,804 sqft – office 98%, mixed-use 1%; Manhattan 100%
521th largest by SF
19 properties – Manhattan 68%, Bronx 31%
539th largest
300 residential units – Manhattan 100%
868th largest by residential units
0 foreclosures, 0 bankruptcies, 88 other court cases.
Person Activity past 24 months:
Buyer signatory: 4 for $120.3 million
Seller signatory: 1 for $260 million
Borrower signatory: 8 for $620.9 million
Top Ten Associated Companies:
Valley National Bank (8), Signature Bank (2), Silk & Halpern Realty Associates (1), Empire Management (1), Sylvan Parking Company (1), Jack Elo (1), David Vogel (1), Jeffrey Spechler (1), Sion Betesh (1), Kennedy Wilson (1)
Top Ten Associated People:
Oren Sapirstein (2), Richard Halpern (1), Fred Ohebshalom (1), Leandro Vaysman (1), Victor Brown (1), Jack Elo (1), Marci Kaufman (1), Elizabeth Arato (1), Lorraine Betesh (1), Sherry Ezon (1)
Recent activity as signatory:
• Sioni Group borrowed $21 million from Valley National Bank for 44 West 21 Street on June 18, 2026.
• Sioni Group borrowed $48 million from Valley National Bank for None on May 05, 2026.
• Sylvan Parking Company sold None for $18 million to Sioni Group on May 05, 2026.
• 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.
• David Vogel and Jeffrey Spechler sold 44 West 21 Street for $31 million to Sioni Group on June 18, 2025.
• Sioni Group borrowed $158.5 million from Kennedy Wilson, Crum & Forster and OdysseyRe for 991 Avenue Of The Americas on April 03, 2025.
Latest Stories:
• Sioni Group signs $48M construction loan for 95-unit project in Garment District (June 01, 2026)
• Sioni Group pays $18M to Sylvan Parking for 95-unit dev site in Garment District (May 21, 2026)
• Sioni Group signs $105M refi with Valley for property in Belmont (May 06, 2026)
Court Records: