Benjamin Ohebshalom
Sky Management
Sky Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$168.1 million – walkup 53%, elevator 41%; Manhattan 100%, Bronx 0%
342th largest portfolio by dollar value
501,251 sqft – elevator 51%, walkup 46%;
594th largest by SF
27 properties – Manhattan 100%, Bronx 0%
130th largest
699 residential units – Manhattan 100%, Bronx 0%
294th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $2.2 million
Borrower signatory: 2 for $79.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Naftali Group (2), M&T Bank (2), Signature Bank (1), Dime Community Bank (1), Sheila Hyman (1), MF1 Capital (1)
Top Ten Associated People:
Michael Naftali (2), Gail Naviasky (1), Louis Ciniglio (1), Hunter Noah (1), Sheila Hyman (1), Wendy LeBlanc (1)
Recent activity as signatory:
• Sky Management borrowed $70 million from M&T Bank for 511 East 86th Street, Yorkville, Manhattan on January 17, 2024.
• Sky Management sold 226 East 81st Street, Yorkville, Manhattan for $2.2 million to Sheila Hyman on July 11, 2023.
• Sky Management borrowed $9.5 million from M&T Bank for 1656 3rd Avenue, Carnegie Hill, Manhattan on May 02, 2023.
• Sky Management borrowed $10.4 million from Dime Community Bank for 2 Bank Street, West Village, Manhattan on September 23, 2022.
• Sky Management borrowed $5 million from Signature Bank for 249 East 10th Street, East Village, Manhattan on July 15, 2022.
• Sky Management sold 251 East 77th Street, Lenox Hill, Manhattan for $9 million to Naftali Group on January 12, 2022.
• Sky Management sold 1481 2nd Avenue, Lenox Hill, Manhattan for $63.6 million to Naftali Group on January 12, 2022.
• Sky Management borrowed $70 million from MF1 Capital for 515 East 86th, Yorkville, Manhattan on June 25, 2021.
• Benjamin Ohebshalom filed plans for new building for 108,427 sqft in Yorkville, Manhattan, on March 31, 2017.
Latest Stories:
• Naftali signs $140M construction loan for 62-unit condo project in Lenox Hill November 29, 2024
• Naftali Group pays $72.6M to Sky Management for likely dev site in Lenox Hill January 13, 2022
• Sky Management signs $70M refi with MF1 Capital for rental in Yorkville June 28, 2021
• Sky Management borrows $21.2M from M&T Bank for property in Lenox Hill October 27, 2020
• Sky Management buys $1.2M in air rights for Lenox Hill development June 26, 2020