Matthew Adell
AdellCo
AdellCo|Adellco portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$30.8 million – hotel 58.0%, office 41.0%; Manhattan 100.0%, Bronx 0.0%
1279th largest portfolio by dollar value
101,761 sqft – hotel 52.0%, office 47.0%;
1884th largest by SF
10 properties – Manhattan 100%, Bronx 0%
147th largest
91 residential units – Manhattan 100.0%, Bronx 0.0%
707th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $30.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Arbor Realty Trust (1), Wendy Warren (1)
Top Ten Associated People:
Wendy Warren (2), Adam Mizraehi (1)
Recent activity as signatory:
• Adellco borrowed $30.5 million from Arbor Realty Trust for 114 East 25th Street, Flatiron District, Manhattan on January 26, 2024.
• AdellCo sold 27 East 79th Street, Lenox Hill, Manhattan for $17.8 million to company on May 11, 2022.
• AdellCo sold 27 East 79th Street, Lenox Hill, Manhattan for $2.6 million to Wendy Warren on April 14, 2022.
• Adellco sold 27 East 79th Street, the Upper East Side, Manhattan for $12.5 million to company on September 08, 2021.
• Matthew Adell for Daniel Geres filed plans for major alteration for 60,540 sqft in Carnegie Hill, Manhattan, on December 20, 2019.