ASB Capital Management

(ASB Investment Management, ASB Real Estate Investments)

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Company Activity past 24 months:

Seller company: 8 for $296.7 million

Top Ten Associated Companies:

Blackstone Group (4), ShopCore Properties (4), O’Connor Capital Partners (1), Thornton Capital (1), L3 Capital (1), Wintrust Bank (1), Weybourne Holdings (1), Torkian Group (1), Shulsky Properties (1), Tarsat Prop LLC (1)

Top Ten Associated People:

Adam Leslie (4), Mary H. Lang (1), Matthew A. Thornton (1), Domenic Lanni (1), Hersel Torkian (1), Larry Ellenberg (1), Oren Barak (1)

Recent activity as company:

ASB Capital Management and L3 Capital sold 72-76 Greene Street, SoHo, Manhattan for $90 million to Blackstone Group and ShopCore Properties on November 25, 2024.

ASB Capital Management and Centurion Realty sold 413-415 West Broadway, SoHo, Manhattan for $35.3 million to Blackstone Group and ShopCore Properties on November 25, 2024.

ASB Capital Management and Centurion Realty sold 40 Mercer Street, 40 Mercer Street, 40 Mercer Street, 40 Mercer Street, and 40 Mercer Street, SoHo, Manhattan for $17.2 million to Blackstone Group and ShopCore Properties on November 25, 2024.

ASB Capital Management and L3 Capital sold 61-63 Crosby Street, SoHo, Manhattan for $54.5 million to Blackstone Group and ShopCore Properties on November 25, 2024.

ASB Capital Management sold 7 West 18th Street, Flatiron District, Manhattan for $22.8 million to Tarsat Prop LLC on October 03, 2024.

ASB Capital Management sold 862 Broadway, Flatiron District, Manhattan for $12 million to Shulsky Properties on August 15, 2024.

Thor Equities and ASB Capital Management sold 120 Greenwich Street, 120 Greenwich Street, and 120 Greenwich Street, Financial District, Manhattan for $5 million to Torkian Group on July 22, 2024.

Thor Equities and ASB Real Estate Investments sold 155 Mercer Street, SoHo, Manhattan for $60 million to Weybourne Holdings on March 17, 2023.

ASB Capital Management sold 60 North 6th Street, Williamsburg, Brooklyn for $25 million to Thornton Capital on March 09, 2022.

ASB Capital Management sold 127 Kent Avenue, Williamsburg, Brooklyn for $20 million to L3 Capital on March 09, 2022.

Latest Stories:

• Blackstone pays $197M to ASB Capital for four SoHo retail locations (November 26, 2024)

• ASB Capital sells office in Flatiron District for $22.8M, paid $43.8M in 2015 (October 03, 2024)

• Shulsky Properties pays $12M for mixed-use in Flatiron District, last sold for $25M (August 16, 2024)

• Thor, ASB Capital sell FiDi retail for $4.95M to Torkian Group, bought for $31M (July 23, 2024)

• Thor, ASB sell 155 Mercer to James Dyson for $60M (March 17, 2023)

• O’Connor Capital, CBRE fund sign $34.6M initial loan with JPMorgan Chase for industrial in Sunset Park (September 16, 2022)

• L3 Capital pays $20M to ASB Capital for retail in Williamsburg (March 10, 2022)

• Thornton Capital pays $25M to ASB Capital for mixed-use in Williamsburg (March 10, 2022)

• O’Connor Capital, CBRE fund pays $85M to ASB Capital, 60 Guilders for industrial in Sunset Park (January 06, 2022)

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