Parkoff Organization
Parkoff Organization portfolio
$590.5 million – elevator 71%, walkup 20%; Manhattan 46%, Brooklyn 24%
93th largest portfolio by dollar value
6,100,158 sqft – elevator 80%, walkup 17%;
45th largest by SF
108 properties – Manhattan 45%, Brooklyn 28%
60th largest
6,064 residential units – Manhattan 34%, Brooklyn 31%
26th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 1 for $8.2 million
Borrower company: 5 for $46.7 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
New York Community Bank (32), Signature Bank (9), Esquire Bank (4), Flagstar Bank (3), Cammeby’s International Group (3), Churchill Real Estate Holdings (1), Dime Community Bank (1), Alchemy Properties (1), ABR Partners (1), Alchemy-ABR Investment Partners (1)
Top Ten Associated People:
Daniel M. Bagatta (9), Alan L. Kaufman (7), John Feijoo (4), Gail Naviasky (3), Eli Schron (3), Steven Dorritie (2), Daniel Bagatta (1), Steven Dorrite (1), Joseph Biancoviso (1), Kenneth S. Horn (1)
Latest Stories:
• Jackson Group acquires Lenox Hill retail through ground lease with Churchill (July 29, 2024)
• Churchill buys $40M note secured by its own 33-unit rental in Lenox Hill (October 05, 2022)
• Parkoff Organization refis $18M with Esquire Bank for rentals in East Flatbush (March 31, 2021)
• Parkoff borrows $5.7M from Signature to refi 48-unit rental in Sheepshead Bay (October 05, 2020)
• Parkoff buys former Trump multifamily from Cammeby’s for $63M (July 29, 2020)
Litigation: