Payman Yadidi

(Ray Yadidi)

Owner

Sioni Group portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$222.6 million – office 97.0%, specialty 1.0%; Manhattan 98.0%, Bronx 1.0%

262th largest portfolio by dollar value

677,555 sqft – office 100.0%, specialty 0.0%;

468th largest by SF

14 properties – Manhattan 57%, Bronx 42%

143th largest

160 residential units – Bronx 100.0%, Manhattan 0.0%

638th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $26.8 million

Seller signatory: 0 for $0

Borrower signatory: 3 for $126.2 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Valley National Bank (3), Signature Bank (2), Sion Betesh (1), Silk & Halpern Realty Associates (1), Jack Elo (1), Wells Fargo (1), Starwood Property Trust (1)

Top Ten Associated People:

Victor Brown (1), Oren Sapirstein (1), Lorraine Betesh (1), Sherry Ezon (1), Sion Betesh (1), Jack Ezon (1), Richard Halpern (1), Jack Elo (1), Elizabeth Arato (1), John G. Nicol (1)

Recent activity as signatory:

Sioni Group borrowed $76.9 million from Starwood Property Trust for 4720 3rd Avenue, 4720 3rd Avenue, and 4720 3rd Avenue, Belmont/Little Italy, Bronx on January 06, 2025.

Sioni Group borrowed $40 million from Wells Fargo for 240 West 40th Street, Garment District, Manhattan on December 12, 2024.

Sioni Group borrowed $9.3 million from Valley National Bank for 6 East 45th Street, Grand Central, Manhattan on September 19, 2023.

Silk & Halpern Realty Associates sold 6 East 45th Street, Grand Central, Manhattan for $26.8 million to Sioni Group on September 18, 2023.

Payman Yadidi filed plans for major alteration for 489,533 sqft in Penn Station, Manhattan, on October 28, 2022.

Sioni Groupand Eli Chetritand Isaac Chetritand AB & Sons borrowed $31 million from Valley National Bank for 989 Avenue Of The Americas and 993 Avenue Of The Americas, Garment District, Manhattan on August 12, 2022.

Payman Yadidiand Isaac Chetritand Eli Chetritand David Chetritand Chim Tob Chetritand Zuda Chetrit borrowed $62 million from Signature Bank for 22 West 48th Street, Midtown West, Manhattan on July 01, 2022.

Peter Serpicoand Payman Yadidi borrowed $87 million from Valley National Bank for 4720 3rd Avenue, 448 East 189th Street, and 4734 3rd Avenue, Belmont/Little Italy, Bronx on June 13, 2022.

• Ray Yadidi sold 44 West 37th Street, Midtown, Manhattan for $49 million to Sion Betesh on December 29, 2021.

• Ray Yadidi sold 15 West 47th Street, Plaza District, Manhattan for $110 million to Jack Elo on December 17, 2020.

Litigation:

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Properties:

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