Richard Ohebshalom

Pink Stone Capital Group

Owner

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Top Ten Associated Companies:

Sidney Borenstein (1), Grubb Properties (1), CBO Funding (1), Prime Finance (1), Fortress Investment Group (1)

Top Ten Associated People:

Sidney Borenstein (1), James M. Hochman (1), Daryl Hagler, Leslie Westreich (1), Constantine “Dean” M. Dakolias (1)

Recent activity as signatory:

Prime Finance on September 29, 2022 bought a loan with an original principal of $52 million from Investors Bank, signed by Tucker Watson, secured by 10 Duffield Street, when owned by Pink Stone Capital Group.

Pink Stone Capital Group sold 10 Carlisle Street for $89.2 million to Grubb Properties on September 10, 2021.

Pink Stone Capital Group sold 107 Washington Street for $9.5 million to Sidney Borenstein on March 25, 2021.

Pink Stone Capital Group borrowed $6 million from CBO Funding for 107 Washington Street on August 11, 2020.

Pink Stone Capital Group borrowed $80 million from Fortress Investment Group for 10 Carlisle Street on August 11, 2020.

Richard Ohebshalom filed plans for new building for 340,376 sqft in Financial District, Manhattan, on December 11, 2014.

Latest Stories:

• Grubb ups debt to $129.4M with Maxim at 462-unit project in FiDi (July 03, 2025)

• Prime Finance takes Pink Stone Capital’s 103-unit DoBro rental by foreclosure (June 20, 2025)

• SME Capital signs $16M refi loan with Maxim for building in SoHo (June 06, 2025)

• March foreclosure auction set for Pink Stone DoBro rental with $58M judgment (February 07, 2025)

• Grubb Properties signs $67.5M refi with Maxim Capital for dev parcel in FiDi (May 23, 2024)

• Grubb Properties signs $45.1M refi loan with Naftali Credit Partners for 388-unit development in FiDi (August 11, 2023)

• Prime Finance buys $52M note secured by Pink Stone’s 103-unit rental in Downtown Brooklyn (November 08, 2022)

• Nonprofit pays $12.9M to Sid Borenstein for specialty in FiDi (June 29, 2022)

• Empire Management refis $35.6M with New York Community Bank for rentals in Manhattan (September 28, 2021)

• Grubb Properties acquires Pink Stone Capital’s 111 Washington in FiDi for $89.2M (September 24, 2021)

Court Records:

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