Rony Nortman
Nortco Development
Nortco Development NYC portfolio
$192.9 million* – elevator 92%, walkup 7%; Manhattan 100%
785th largest portfolio by dollar value
46,000 sqft – walkup 67%, elevator 32%;
3013th largest by SF
4 properties – Manhattan 100%
1833th largest
56 residential units – Manhattan 100%
2078th largest by residential units
Person Activity past 24 months:
Borrower signatory: 1 for $134 million
Top Ten Associated Companies:
Bank Hapoalim (1)
Top Ten Associated People:
Ilana Druyan (1), David Kesselman (1)
Recent activity as signatory:
• Nortco Development borrowed $134 million from Bank Hapoalim for 574 Amsterdam Avenue, 568 Amsterdam Avenue, 570 Amsterdam Avenue, and 572 Amsterdam Avenue, Upper West Side, Manhattan on April 04, 2025.
*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.