Ryan Shay
(Shay Ryan)
Avp, Associate Relationship Manager
Israel Discount Bank
(Israel Discount Bank of New York)
Lender
Person Activity past 24 months:
Lender signatory: 9 for $175.8 million
Top Ten Associated Companies:
Morris Bawabeh (1), Aurora Capital Associates (1), City Urban Realty (1), Manhattan Five Partners (1), M&R Hotel Management (1), Jenel Real Estate (1), Hershy Silberstein (1), Minrav Development (1), Eretz Group (1)
Top Ten Associated People:
Morris Bawabeh (1), Robert Cayre (1), Michael Alvandi (1), Jeffrey Srulowitz (1), Samir R. Gandhi (1), David Dushey (1), Hershy M. Silberstein (1), David R. Mashaal (1), Abraham Talassazan (1)
Recent activity as signatory:
• G Holdings borrowed $10.2 million from Nassau CorAmerica for 230 West 55th Street and 230 West 55th Street, Midtown West, Manhattan on January 20, 2026.
• Eretz Group borrowed $27.6 million from Israel Discount Bank for 258 West 37 Street on January 06, 2026.
• ZB Capital Group borrowed $29 million from Northfield Bank for 244 Broadway on December 23, 2025.
• Maheshchand Ratanji borrowed $30 million from Webster Bank for 540 West 48 Street on December 23, 2025.
• A&H Acquisitions and Jackson Group borrowed $14 million from Peapack Private Bank & Trust for 341 Baltic Street on December 22, 2025.
• Mahnaz Rabizadeh borrowed $14 million from Industrial and Commercial Bank of China for 1768 Madison Avenue, 1768 Madison Avenue, 1768 Madison Avenue, and 1768 Madison Avenue, East Harlem, Manhattan on October 29, 2025.
• MacArthur Holdings borrowed $65 million from Bank Hapoalim for 307 Bond Street on July 22, 2025.
• Minrav Development borrowed $5.2 million from Israel Discount Bank for 343 East 17 Street on July 17, 2025.
• Jenel Real Estate borrowed $32 million from Israel Discount Bank for 540 Fulton Street and 540 Fulton Street, Downtown Brooklyn, Brooklyn on June 20, 2025.
• Hershy Silberstein borrowed $8 million from Israel Discount Bank for 217 West 123 Street on June 13, 2025.
Latest Stories:
• Maheshchand Ratanji buys hotel in Hell’s Kitchen for $49.625M (January 08, 2026)
• MacArthur Holdings signs $65M construction loan for 158-unit project in Gowanus (August 04, 2025)
• City Urban Realty pays $40M to Ohebshaloms for 88-unit rental in Lincoln Square (March 07, 2025)
• Morris Bawabeh signs $17.6M refi for retail in Brownsville (September 20, 2024)
• M&R Hotel signs $38.7M refi for hotel in Hell’s Kitchen (September 05, 2024)
