Terrence Lowenberg
Principal
Icon Realty Management
Owner
419 Lafayette, 5th Floor, New York, NY 10003
Icon Realty Management NYC portfolio
$929.8 million -walkup 55%, elevator 13%, office 12%; Manhattan 92%, Brooklyn 7%*
301th largest portfolio by dollar value
1,042,721 sqft – walkup 60%, elevator 14%, office 11%; Manhattan 86%, Brooklyn 13%
513th largest by SF
88 properties – Manhattan 86%, Brooklyn 13%
100th largest
1,273 residential units – Manhattan 88%, Brooklyn 11%
322th largest by residential units
0 foreclosures, 0 bankruptcies, 9 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $1.7 million
Seller signatory: 8 for $84.2 million
Borrower signatory: 29 for $270.1 million
Developer (new building or major alteration): 38 for 59,162 square feet
Top Ten Associated Companies:
Webster Bank (17), Series 2019-Icon (17), Derby Copeland Capital (13), Aviva Jakubowicz (3), BCB Community Bank (3), New York Community Bank (2), Signature Bank (2), JP Real Estate Group Limited (2), Bank Leumi (1), Tsukaki Co., Ltd. (1)
Top Ten Associated People:
Robert Records (17), Michael Savarese (13), Steve Spanolios (12), Michael A. Mulia (4), Aviva Jakubowicz (3), Jonathan Hackerman (2), Angeles DeSantis (2), Rita Chou (1), Daniel Levinas (1), John Feijoo (1)
Recent activity as signatory:
• Icon Realty Management borrowed $6.2 million from Webster Bank for 323 East 78 Street on April 30, 2026.
• Icon Realty Management borrowed $6.2 million from Derby Copeland Capital for 340 East 55 Street on April 30, 2026.
• Icon Realty Management borrowed $6.4 million from Webster Bank for 1556 2 Avenue on April 30, 2026.
• Icon Realty Management borrowed $6.8 million from Derby Copeland Capital for 513 East 82 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 $5.1 million from Webster Bank for 340 East 81 Street on April 30, 2026.
• Icon Realty Management borrowed $5.5 million from Webster Bank for 409 East 81 Street on April 30, 2026.
• Icon Realty Management borrowed $5.8 million from Webster Bank for 332 East 71 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)
• 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:
