Philips International
Philips International portfolio
$42.8 million* – retail 77%, mixed-use 20%; Queens 100%, Manhattan 0%
1054th largest portfolio by dollar value
137,394 sqft – retail 90%, mixed-use 6%;
1566th largest by SF
3 properties – Queens 100%, Manhattan 0%
2243th largest
Company Activity past 24 months:
Buyer company: 1 for $31.1 million
Seller company: 2 for $88.6 million
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), Legion Investment Group (1), OceanFirst Bank (1), R&E Property Corp. (1)
Top Ten Associated People:
Zalman Goldman (1), Philip Pilevsky (1), Deborah Basica (1), Carlo Alibrandi (1), Richard Wender (1), Edmond Nassim (1), Mark Moishe Bane (1), Neal Goldberg (1), Frank Miller (1)
Recent activity as company:
• Philips International, Lawland Properties, Arnold Penner Real Estate and Rhodes Building Management sold 8 West 14th Street, Greenwich Village, Manhattan for $57.5 million to Legion Investment Group on May 14, 2024.
• Philips International sold 8 West 14th Street, Greenwich Village, Manhattan for $31.1 million to Lawland Properties, Arnold Penner Real Estate, Rhodes Building Management and Philips International on July 14, 2023.
• Philips International sold 3914 13th Avenue and 1267 40th Street, Borough Park, Brooklyn for $2.1 million to Frank Miller on June 17, 2022.
• Philips International sold 30 Rector Street, Financial District, Manhattan for $15 million to MZ Rector 1800 Owner LLC on December 22, 2021.
• Philips International sold 820 Second Avenue, Midtown East, Manhattan for $2.6 million to Stanislav Ochildiyev on May 05, 2021.
• Philips International sold 30 Rector Street and 30 Rector Street, Financial District, Manhattan for $25 million to Union of Orthodox Jewish Congregations of America on January 25, 2021.
• Philips International borrowed $30 million from OceanFirst Bank for 45-10 48th Street, Astoria, Queens on October 17, 2020.
• Philips International sold 3035 Cropsey Avenue also known as 1505 Hart Place, Gravesend, Brooklyn for $18.3 million to Raymour & Flanigan on June 22, 2020.
• Philips International sold 1505 Hart Place, Gravesend, Brooklyn for $2 million to Raymour & Flanigan on June 22, 2020.
• R&E Property Corp. sold 107-17 71st Avenue, Forest Hills, Queens for $8.8 million to Philips International on February 13, 2020.
Latest Stories:
• TPG pays $96.5M to Columbia Property for office in Tribeca (June 28, 2024)
• 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)
Properties: