Terrence Lowenberg

Principal

Icon Realty Management

Owner

419 Lafayette, 5th Floor, New York, NY 10003

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Icon Realty Management NYC portfolio

$904.4 million -walkup 54%, elevator 13%, office 12%; Manhattan 92%, Brooklyn 7%*

254th largest portfolio by dollar value

1,042,721 sqft – walkup 60%, elevator 14%, office 11%; Manhattan 86%, Brooklyn 13%

468th largest by SF

88 properties – Manhattan 86%, Brooklyn 13%

77th largest

1,272 residential units – Manhattan 88%, Brooklyn 11%

265th largest by residential units

0 foreclosures, 0 bankruptcies, 6 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $1.7 million

Seller signatory: 10 for $113.9 million

Borrower signatory: 29 for $345.6 million

Developer (new building or major alteration): 39 for 59,162 square feet

Top Ten Associated People:

Robert Records (17), Steve Spanolios (4), Michael A. Mulia (4), Michael Savarese (3), Aviva Jakubowicz (3), Jonathan Hackerman (2), Angeles DeSantis (2), John Feijoo (1), Sudheerraj R. Dalavai (1), Dahlia Damas (1)

Recent activity as signatory:

• Terrence Lowenberg filed plans for major alteration for 28,500 sqft in Chelsea, Manhattan, on March 12, 2026.

• Icon Realty Management sold 446 West 19 Street for $5.8 million to JP Real Estate Group Limited on February 04, 2026.

• Icon Realty Management sold 448 West 19 Street for $20 million to JP Real Estate Group Limited on February 04, 2026.

• Icon Realty Management sold 120 Spring Street for $18.5 million to Fukuru Co. on January 15, 2026.

• Icon Realty Management borrowed $7.1 million from Webster Bank for 610 East 9 Street on December 22, 2025.

• Icon Realty Management borrowed $18.5 million from Webster Bank for 320 West 14 Street on December 22, 2025.

• Icon Realty Management borrowed $9 million from Webster Bank for 120 Spring Street on November 26, 2025.

• Icon Realty Management borrowed $9.5 million from Webster Bank for 1384 1 Avenue on November 26, 2025.

• Icon Realty Management borrowed $5.4 million from Derby Copeland Capital for 161 West 4 Street on August 22, 2025.

• Icon Realty Management borrowed $27.8 million from Derby Copeland Capital for 111 West 27 Street on August 22, 2025.

Latest Stories:

• JP Real Estate Group pays $25.75M to Icon for adjacent rentals in Chelsea (February 23, 2026)

• Osaka Biso Co. pays $20.4M to Sun Frontier for 18-unit walkup in Gramercy (January 05, 2026)

• Icon Realty pays $1.7M for fee at East Village Hotel where it has leasehold (September 05, 2025)

• Sun Frontier Fudousan Co. pays $13.5M to Icon Realty Management for 18-unit walkup in Gramercy (August 04, 2025)

• Icon signs $20M refi with Derby Copeland for 33-unit rental in East Village (July 22, 2025)

• Dalavai Holdings pays $7M to Icon for 20-unit walkup in Hell’s Kitchen (May 05, 2025)

• REDA Holdings pays $6.9M to Icon for 20-unit walkup in Lenox Hill (December 23, 2024)

• Icon Realty Management signs $29.3M refi for The Moore hotel in Chelsea (November 07, 2024)

• Japanese firm pays $10.1M to Icon Realty for 16-unit walkup in Lenox Hill (September 13, 2024)

• Japanese bakery pays $24.4M to Icon for 16-unit rental in NoMad (July 08, 2024)

Court Records:

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Properties:

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