Stephen Meringoff
(Stephen J. Meringoff)
Himmel + Meringoff Properties
Owner
Himmel + Meringoff Properties NYC portfolio
$302.1 million -office 51%, condo 35%, industrial 12%; Manhattan 87%, Queens 12%*
714th largest portfolio by dollar value
914,846 sqft – office 50%, condo 28%, industrial 21%; Manhattan 78%, Queens 21%
521th largest by SF
7 properties – Manhattan 85%, Queens 14%
1430th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $19.9 million
Borrower signatory: 2 for $93 million
Developer (new building or major alteration): 1 for 0 square feet
Top Ten Associated Companies:
Aareal Capital (2), Fortress Investment Group (1), Maverick Real Estate Partners (1), Delaware Life Insurance Company (1), Bayrock Capital (1), TriState Capital Bank (1), Capital One (1)
Top Ten Associated People:
Paul Verdi (2), John Lewis (1), Alan L. Griffin (1), James Alban (1), Daniel Rabinowitz (1)
Recent activity as signatory:
• Himmel + Meringoff Properties borrowed $93 million from Delaware Life Insurance Company for 521-523 West 57th Street and 521 West 57th St, Hell’s Kitchen, Manhattan on March 27, 2025.
• Himmel + Meringoff Properties sold 1116 1 Avenue for $19.9 million to Bayrock Capital on August 27, 2024.
• Maverick Real Estate Partners on February 22, 2024 bought a loan with an original principal of $65 million from Blackstone Group, secured by 5 East 31 Street, when owned by Himmel + Meringoff Properties.
• Himmel + Meringoff Properties borrowed $29.5 million from TriState Capital Bank for 45-59 34 Street on September 28, 2023.
• Fortress Investment Group on August 15, 2023 bought a loan with an original principal of $15.3 million from Capital One, signed by Nicholas Eng, secured by 45-59 34 Street, when owned by Himmel + Meringoff Properties.
• Himmel + Meringoff Properties borrowed $14.3 million from Aareal Capital for 464 Broadway on May 13, 2022.
• Himmel + Meringoff Properties borrowed $27 million from Capital One for 400 8 Avenue on December 08, 2021.
• Himmel + Meringoff Properties borrowed $135 million from Aareal Capital for 464 Broadway on April 30, 2021.
Latest Stories:
• Bayrock Capital pays $19.9M to Himmel + Meringoff for office in Lenox Hill (September 06, 2024)
• Aareal, PCCP file $149M pre-foreclosure at Meringoff’s 462 Broadway in SoHo (November 27, 2023)
• Himmel + Meringoff Properties signs $29.5M refi for LIC industrial (October 12, 2023)
• Himmel + Meringoff files $3.3M rehab plans in LIC (September 19, 2022)
• Himmel + Meringoff signs $135M refi with Aareal Capital for Soho office building (May 14, 2021)
