Richard Born
BD Hotels
595 Madison Ave 36th Floor New York, NY 10022
BD Hotels NYC portfolio
$926.2 million -hotel 73%, condo 23%, specialty 1%; Manhattan 99%*
245th largest portfolio by dollar value
1,226,083 sqft – hotel 80%, condo 16%, specialty 1%; Manhattan 100%
407th largest by SF
17 properties – Manhattan 100%
597th largest
156 residential units – Manhattan 100%
1378th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $10 million
Seller signatory: 1 for $66.2 million
Borrower signatory: 6 for $416.1 million
Top Ten Associated Companies:
Bank of America (2), Apple Bank (2), Wells Fargo (2), Investors Bank (1), Metropolitan Commercial Bank (1), Extell Development (1), Yellowstone Real Estate Investments (1), HERA Hospitality Property (1), Wolfgang Hotels & Resorts (1), Israel Discount Bank (1)
Top Ten Associated People:
Jessica Fritts (2), Cynthia Wang (2), Dennis Graham (1), Gary Barnett (1), Isaac Hera (1), Daniel Schneider (1), Jeremy Romine (1), Elena Dokianos (1), Jory Hennick (1), Albert Burklen (1)
Recent activity as signatory:
• Pioneer Management sold 524 West 42nd Street, Hell’s Kitchen, Manhattan for $10 million to BD Hotels on June 25, 2026.
• BD Hotels sold 15 West 56 Street for $66.2 million to Hennick Group on May 05, 2026.
• BD Hotels borrowed $179.1 million from Wells Fargo for 400 West 42nd Street, 400 West 42nd Street, 400 West 42nd Street, and 577 9th Avenue, Hell’s Kitchen, Manhattan on April 16, 2026.
• BD Hotels borrowed $125 million from Wells Fargo for 234 West 23 Street on June 05, 2025.
• BD Hotels, Gerald Barad and Jay Domb borrowed $20 million from Apple Bank for 138 West 55 Street on June 01, 2025.
• BD Hotels borrowed $20 million from Apple Bank for 15 West 56 Street on May 01, 2025.
• BD Hotels borrowed $46 million from Bank of America for 180 Ludlow Street on January 24, 2025.
• BD Hotels borrowed $26 million from Bank of America for 102 9 Avenue on December 04, 2024.
• BD Hotels ground leased 60 East 54 Street valued at $20.6 million to HERA Hospitality Property and Wolfgang Hotels & Resorts on January 01, 2024.
• BD Hotels borrowed $45.9 million from Deka Immobilien for 147 East 39 Street on November 01, 2023.
Latest Stories:
• Hennick & Company pays $66.2M to BD Hotels for hotel in Midtown West (May 19, 2026)
• BD Hotels signs $179.1M refi with Wells Fargo for The Pod hotel in Hell’s Kitchen (April 23, 2026)
• BD Hotels ups debt to $125M with Wells Fargo at The Chelsea Hotel (June 13, 2025)
• BD Hotels signs $46M refi for Ludlow Hotel on LES (February 05, 2025)
• Merchants Hospitality surrenders $24M Hell’s Kitchen ground lease to BD Hotels (January 15, 2024)
• BD Hotels signs $45.9M refi loan with Deka Immobilien for hotel in Murray Hill (November 06, 2023)