Richard Lam
Property Markets Group
(Property Markets Group_C6BC6A)
Property Markets Group NYC portfolio
$429.1 million -industrial 48%, condo 40%, A4 11%; Manhattan 51%, Brooklyn 48%*
509th largest portfolio by dollar value
84,249 sqft – condo 49%, industrial 23%, A4 16%; Manhattan 66%, Brooklyn 33%
2649th largest by SF
11 properties – Manhattan 82%, Brooklyn 17%
914th largest
535 residential units – Brooklyn 96%, Manhattan 3%
581th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Top Ten Associated Companies:
Tavros Capital (1), Ido Paul Amit (1)
Top Ten Associated People:
Nicholas Silvers (1), Ido Paul Amit (1)
Recent activity as signatory:
• Property Markets Group sold 132 2 Street for $21.6 million to Ido Paul Amit on February 25, 2022.
• Property Markets Group sold 504 Union Street for $102 million to Tavros Capital on December 30, 2021.
• Richard Lam filed plans for new building for 29,638 sqft in West Village, Manhattan, on December 08, 2015.
• Richard Lam filed plans for new building for 72,703 sqft in SoHo, Manhattan, on January 31, 2013.
Latest Stories:
• Joyland Group signs $66M construction loan with iCross Capital in Gowanus (March 06, 2024)
• Joyland Group pays $30.5M to Orange Management for dev site in Gowanus (September 28, 2023)
• Partnership dispute over Rotem Rosen’s $27.5M Gowanus parcel purchase offer (February 23, 2023)
• $21.6M paid to Property Markets Group for Orange Management dev site in Gowanus (March 14, 2022)
• Tavros, Charney pay $102M to Property Markets Group for dev site in Gowanus (January 27, 2022)