Sharon Raz
Sapir Organization
Sapir Organization portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$285.3 million – office 80%, hotel 19%; Manhattan 100%, Bronx 0%
206th largest portfolio by dollar value
1,036,369 sqft – office 88%, hotel 11%;
324th largest by SF
3 properties – Manhattan 100%, Bronx 0%
154th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $12 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Tel Aviv Stock Exchange bondholders (1), Rybak Development (1)
Top Ten Associated People:
Michael Friedman (1), Sergey Rybak (1)
Recent activity as signatory:
• Sapir Organization sold 218 Madison Avenue, Grand Central, Manhattan for $12 million to Rybak Development on December 20, 2023.
• Sapir Organization borrowed $90.1 million from Tel Aviv Stock Exchange bondholders for 9 Crosby Street, Little Italy, Manhattan on August 18, 2022.