Seth Schochet
Ceo
Olnick Organization
Owner
Partnership
Olnick Organization|Seth Schochet NYC portfolio
$838.5 million* – elevator 71%, office 28%; Manhattan 81%, Bronx 18%
204th largest portfolio by dollar value
2,915,115 sqft – elevator 90%, office 9%;
111th largest by SF
11 properties – Manhattan 90%, Bronx 9%
773th largest
2,446 residential units – Manhattan 76%, Bronx 23%
92th largest by residential units
Person Activity past 24 months:
Borrower signatory: 1 for $0
Top Ten Associated Companies:
Lone Star Funds (1), New York Community Bank (1), Kave Pourzanjani (1)
Top Ten Associated People:
James C. Ricca (1)
Recent activity as signatory:
• Olnick Organization borrowed $0 from Lone Star Funds for 130 5th Avenue, Flatiron District, Manhattan on February 26, 2025.
• Company sold 169 Bayard Street, Greenpoint, Brooklyn for $3.5 million to Kave Pourzanjani on August 30, 2022.
• Olnick Organization borrowed $77 million from New York Community Bank for 130 Fifth Avenue, Flatiron District, Manhattan on July 27, 2022.
Latest Stories:
• Lone Star buys $220M in debt secured by Olnick, RXR, Handler, Shamie properties (March 28, 2025)
• Olnick Organization signs $77M refi for office building in Flatiron District (August 02, 2022)
• Gould Investors borrows $25M from AIG for retail portion of property in Flatiron (June 11, 2020)
Properties: