Philips International

Philips International portfolio

$42.8 million – retail 77%, mixed-use 20%; Queens 100%, Manhattan 0%

1035th largest portfolio by dollar value

137,394 sqft – retail 90%, mixed-use 6%;

1545th largest by SF

3 properties – Queens 100%, Manhattan 0%

154th largest

Company Activity past 24 months:

Buyer company: 1 for $31.1 million

Seller company: 1 for $31.1 million

Borrower company: 0 for $0

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Raymour & Flanigan (2), Normandy Real Estate Partners (1), MZ Rector 1800 Owner LLC (1), Lawland Properties (1), Arnold Penner Real Estate (1), Rhodes Building Management (1), Philips International (1), OceanFirst Bank (1), R&E Property Corp. (1), Crescent Properties (1)

Top Ten Associated People:

Zalman Goldman (1), Philip Pilevsky (1), Carlo Alibrandi (1), Richard Wender (1), Edmond Nassim (1), Mark Moishe Bane (1), Neal Goldberg (1), Frank Miller (1)

Latest Stories:

• TPG pays $96.5M to Columbia Property for office in Tribeca (June 28, 2024)

• Victor Sigoura’s Legion pays $57.5M to Philips, Lawland, others for office building in Greenwich Village (May 14, 2024)

• Philips International sells stakes in $31M Village office property to Lawland, Arnold Penner, Rhodes (July 17, 2023)

• Zalman Goldman signs $5.7M acquisition loan with CP Capital for commercial condo in Financial District (February 23, 2022)

• PIMCO acquires Columbia Property Trust with 7 Manhattan assets valued at $1.4B (December 30, 2021)

• Philips International sells office condo in Financial District for $15M (December 23, 2021)

• Raymour & Flanigan signs $15M refi with City National for two retail buildings in Gravesend (May 28, 2021)

• Union of Orthodox Jewish Congregations borrows $43M from bondholders for acquisition in Financial District (February 22, 2021)

• Union of Orthodox Jewish Congregations of America pays $25M to Philips International for FiDi commercial condo (January 26, 2021)

• Philips International nearly triples debt to $30M for shopping center in Astoria (November 12, 2020)

Properties:

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