Richard Ohebshalom
Pink Stone Capital Group
Owner
Pink Stone Capital Group NYC portfolio
$61.6 million* – elevator 97%, condo 2%; Brooklyn 97%, Manhattan 2%
1647th largest portfolio by dollar value
111,281 sqft – elevator 97%, condo 2%;
1829th largest by SF
2 properties – Manhattan 80%, Brooklyn 20%
3053th largest
104 residential units – Brooklyn 99%
1465th largest by residential units
1 foreclosure, 0 bankruptcies, 1 other court case.
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:
• Pink Stone Capital Group borrowed $0 from Prime Finance for 172-184 Nassau Street, Downtown Brooklyn, Brooklyn on September 29, 2022.
• Pink Stone Capital Group sold 111 Washington Street, Financial District, Manhattan for $89.2 million to Grubb Properties on September 10, 2021.
• Pink Stone Capital Group sold 105 Washington Street, Financial District, Manhattan for $9.5 million to Sidney Borenstein on March 25, 2021.
• Pink Stone Capital Group borrowed $6 million from CBO Funding for 105 Washington Street, Financial District, Manhattan on August 11, 2020.
• Pink Stone Capital Group borrowed $80 million from Fortress Investment Group for 111 Washington Street, Financial District, Manhattan 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:
• 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)
• Nonprofit pays $12.9M to Sid Borenstein for specialty in FiDi (June 29, 2022)
• Pink Stone Capital sells FiDi site for $9.5M (April 09, 2021)
• Carmel Partners borrows from Axos Bank against $80M Pink Stone loan in FiDi (November 17, 2020)
Court Records: