Richard Froom
General Counsel
RFR Holding
Owner
375 Park Ave 10th Floor New York, NY 10022
375 Park Avenue, Floor 10 New York, NY 10152
RFR Holding portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.4 billion – office 70%, condo 18%; Manhattan 98%, Brooklyn 1%
44th largest portfolio by dollar value
3,430,702 sqft – office 72%, condo 16%;
82th largest by SF
176 properties – Manhattan 97%, Brooklyn 2%
32th largest
145 residential units – Manhattan 100%, Bronx 0%
653th largest by residential units
34 foreclosures, 0 bankruptcies, 11 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 3 for $639.8 million
Borrower signatory: 2 for $174.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Credit Suisse (2), Madison Realty Capital (1), Valley National Bank (1), Citibank (1), Aareal Capital (1), M&T Bank (1), TA Realty (1), Michael Bloomberg (1), Jack Guttman (1), Kushner Companies (1)
Top Ten Associated People:
Urian Yap (1), Anthony J. Tuffy (1), Jeffrey Pascale (1), Scott L. Dalrymple (1), David J. McCabe (1), Benjamin Curtiss (1), Geoffrey Boulter (1), Richard Froom (1), Mary S. Lai (1), Enrico Granata (1)
Recent activity as signatory:
• RFR Holding sold 102 Greene Street, SoHo, Manhattan for $46 million to Arkray Inc. on November 15, 2024.
• RFR Holding borrowed $82.4 million from Madison Realty Capital for 201 3rd Street, 225 3rd Street, and 169 3rd Street, Gowanus, Brooklyn on November 06, 2024.
• RFR Holdingand Kushner Companies sold 81 Prospect Street, Downtown Brooklyn, Brooklyn for $33.8 million to Jack Guttmanand Kushner Companiesand RFR Holding on June 18, 2024.
• RFR Holding sold 980 Madison Avenue, Lenox Hill, Manhattan for $560 million to Michael Bloomberg on June 06, 2024.
• RFR Holding borrowed $92.1 million from M&T Bank for 530 Park Avenue, 219 West 81st Street, 219 West 81st Street, 219 West 81st Street, 219 West 81st Street, and others, Lenox Hill, Manhattan on June 02, 2023.
• RFR Holding borrowed $120 million from Aareal Capital for 235 West 46th Street, Hell’s Kitchen, Manhattan on January 05, 2023.
• RFR Holding borrowed $22 million from Valley National Bank for 102 Greene Street, SoHo, Manhattan on November 03, 2022.
• TA Realty sold 102 Greene Street, SoHo, Manhattan for $31.5 million to RFR Holding on October 24, 2022.
• RFR Holding sold 36 Hudson Street and 36 Hudson Street, Tribeca, Manhattan for $5.8 million to Copperfield Investment & Development Company on June 10, 2022.
• RFR Holding borrowed $180 million from Citibank for 475 5th Avenue, Grand Central, Manhattan on May 24, 2022.
Latest Stories:
• Japanese medical firm pays $46M to RFR Holding for retail in SoHo November 18, 2024
• RFR signs $82.4M refi with Madison Realty Capital for Gowanus dev site November 07, 2024
• Citibank files $180M pre-foreclosure at RFR’s 475 Fifth Avenue August 16, 2024
• Jack Guttman takes stake in RFR, Kushner Dumbo building valued at $33.75M June 19, 2024
• $224M pre-foreclosure filed at RFR Holding Midtown West office building June 10, 2024
• Michael Bloomberg affiliate pays RFR $560M for Lenox Hill office tower June 06, 2024
• Family of RFR co-owner sells mixed-use in West Village for $10M May 20, 2024
• RFR Holding signs $92.1M refi for 145 unsold condo units in Manhattan June 05, 2023
• RFR Holding signs $120M refi loan with Aareal Capital for hotel in Hell’s Kitchen January 06, 2023