Sharif El-Gamal
Soho Properties
Soho Properties portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$37.9 million – elevator 93%, P5 6%; Manhattan 100%, Bronx 0%
1124th largest portfolio by dollar value
179,364 sqft – elevator 91%, P5 8%;
1295th largest by SF
2 properties – Manhattan 100%, Bronx 0%
155th largest
50 residential units – Manhattan 100%, Bronx 0%
748th largest by residential units
2 foreclosures, 2 bankruptcies, 6 other court cases.
Top Ten Associated Companies:
MSD Partners (1), One William Street Capital Management (1), Realty Capital Finance (1)
Top Ten Associated People:
Kenneth Gerold (1), Heshy Safrin (1)
Recent activity as signatory:
• Soho Properties borrowed $0 from MSD Partners for 43 Park Place, Financial District, Manhattan on December 08, 2022.
• Soho Properties borrowed $5.5 million from Realty Capital Finance for 45-51 Park Place, Financial District, Manhattan on October 01, 2021.
• Soho Properties borrowed $167 million from One William Street Capital Management for 560 Seventh Avenue, Theater District/Times Square, Manhattan on September 30, 2021.
• Sharif El-Gamal filed plans for new building for 118,143 sqft in Garment District, Manhattan, on March 24, 2015.
• Sharif El-Gamal filed plans for new building for 134,304 sqft in Financial District, Manhattan, on May 05, 2014.
Latest Stories:
• Private lender files $7.5M pre-foreclosure at Soho Properties FiDi vacant lot December 07, 2023
• Soho Properties files second bankruptcy at Margaritaville hotel August 14, 2023
• Mezz lenders Arden, Corten sue Margaritaville Times Square investors for $85M July 12, 2023
• Soho Properties puts Margaritaville hotel in bankruptcy to block $57M UCC auction July 10, 2023
• Soho Properties seeks to block $57M UCC auction for Margaritaville hotel June 30, 2023
• Soho Properties signs $167M refi with OWS for Times Square hotel project October 01, 2021