Terrence Lowenberg

Principal

Icon Realty Management

Owner

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

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Icon Realty Management NYC portfolio

$929.8 million -walkup 55%, elevator 13%, office 12%; Manhattan 92%, Brooklyn 7%*

244th largest portfolio by dollar value

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

475th largest by SF

88 properties – Manhattan 86%, Brooklyn 13%

78th largest

1,273 residential units – Manhattan 88%, Brooklyn 11%

274th 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: 8 for $84.2 million

Borrower signatory: 30 for $279.1 million

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

Top Ten Associated People:

Robert Records (17), Michael Savarese (13), Steve Spanolios (12), Michael A. Mulia (4), Aviva Jakubowicz (3), Angeles DeSantis (2), Jonathan Hackerman (2), Julian Kiguel (1), Gerilyn Pettus (1), Carter Martin (1)

Recent activity as signatory:

• Icon Realty Management borrowed $6.3 million from Derby Copeland Capital for 443 East 78 Street on April 30, 2026.

• Icon Realty Management borrowed $5.1 million from Webster Bank for 340 East 81 Street on April 30, 2026.

• Icon Realty Management borrowed $5.5 million from Webster Bank for 230 East 84 Street on April 30, 2026.

• Icon Realty Management borrowed $5.7 million from Derby Copeland Capital for 338 East 55 Street on April 30, 2026.

• Icon Realty Management borrowed $4.4 million from Webster Bank for 340 East 61 Street on April 30, 2026.

• Icon Realty Management borrowed $4.7 million from Webster Bank for 407 East 81 Street on April 30, 2026.

• Icon Realty Management borrowed $4.7 million from Webster Bank for 502 East 73 Street on April 30, 2026.

• Icon Realty Management borrowed $5.1 million from Derby Copeland Capital for 342 East 76 Street on April 30, 2026.

• Icon Realty Management borrowed $5.5 million from Webster Bank for 409 East 81 Street on April 30, 2026.

• Icon Realty Management borrowed $6.1 million from Derby Copeland Capital for 322 East 74 Street on April 30, 2026.

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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