Flag Luxury Group
Flag Luxury Group NYC portfolio
$291.8 million* – H1 91.0%, hotel 8.0%; Manhattan 99.0%, Bronx 0.0%
541th largest portfolio by dollar value
544,668 sqft – H1 50%, hotel 50%;
562th largest by SF
2 properties – Manhattan 100%, Bronx 0%
2954th largest
Company Activity past 24 months:
Seller company: 1 for $4.4 million
Top Ten Associated Companies:
Andrew Potash (1), EB5 Capital (1), Bank OZK (1)
Top Ten Associated People:
Cary Chan (1), Andrew Potash (1), Stephen Allen (1), Clifton Hill (1)
Recent activity as company:
• Flag Luxury Group sold 35 West 28th Street, NoMad, Manhattan for $4.4 million to EB5 Capital on June 15, 2023.
• Flag Luxury Group sold 35 West 28th Street, NoMad, Manhattan for $6.3 million to Andrew Potash on January 05, 2023.
• Flag Luxury Group sold 35 West 28th Street, NoMad, Manhattan for $6.4 million to company on January 04, 2023.
• Flag Luxury Group borrowed $200 million from Bank OZK for 29 West 28th Street and 1185 Broadway, NoMad, Manhattan on February 09, 2022.
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