Delshah Capital
114 E 13th St Frnt 1, New York, NY 10003
People:
Delshah Capital portfolio
$169.6 million* – elevator 38.0%, walkup 24.0%; Manhattan 77.0%, Brooklyn 22.0%
354th largest portfolio by dollar value
715,705 sqft – walkup 39.0%, elevator 37.0%;
459th largest by SF
51 properties – Brooklyn 50%, Manhattan 49%
192th largest
596 residential units – Manhattan 52.0%, Brooklyn 47.0%
367th largest by residential units
4 foreclosures, 2 bankruptcies, 14 other court cases.
Company Activity past 24 months:
Seller company: 7 for $107.9 million
Borrower company: 4 for $194.5 million
Lender company: 1 for $5.5 million
Top Ten Associated Companies:
Quality Capital (3), Signature Bank (3), Delshah Capital (2), Manocherian Brothers (2), Aria Development Group (2), Arbor Realty Trust (2), JTRE (2), Joel Lefkowitz (1), Republic First Bank (1), John Schreiber (1)
Top Ten Associated People:
Joshua Benaim (2), Zachary Bermudez (2), Jeffrey S. Wall (1), John Schreiber (1), Lisa Breier Urban (1), Jason Rottinger (1), Ethan R. Cohen (1), Leo DiLoreto (1), Valerie Rubin (1), Abe Richard Cohen (1)
Recent activity as company:
• Delshah Capital borrowed $5.5 million from Delshah Capital for 761 7th Avenue, Midtown West, Manhattan on January 21, 2025.
• Delshah Capital borrowed $18 million from Longline Holdings for 761 7th Avenue, Midtown West, Manhattan on January 21, 2025.
• Delshah Capital borrowed $6 million from Brick Capital Group for 119 Orchard Street, Lower East Side, Manhattan on January 10, 2025.
• Delshah Capital and Yoni Hadar sold 1038 Bedford Avenue, Bedford Stuyvesant, Brooklyn for $3.1 million to Joel Lefkowitz on November 06, 2024.
• Delshah Capital sold 590 Bushwick Avenue, Bushwick, Brooklyn for $2.4 million to Phillip Miller on September 12, 2024.
• Delshah Capital sold 57 Gansevoort Street, Meatpacking District, Manhattan for $57.7 million to RH on January 31, 2024.
• Delshah Capital sold 17 West 24th Street, Flatiron District, Manhattan for $8.2 million to Hong Bae Park on January 04, 2024.
• Delshah Capital sold 100 Christopher Street, West Village, Manhattan for $30 million to Lions Group on October 30, 2023.
• Delshah Capital sold 278 Dean Street, Boerum Hill, Brooklyn for $3.5 million to Chun Lee on July 14, 2023.
• Delshah Capital borrowed $165 million from Apollo Global Management for 30 Morningside Drive, Morningside Heights, Manhattan on March 01, 2023.
Latest Stories:
• $28M pre-foreclosure at two Meatpacking buildings owned by Delshah Capital (July 18, 2024)
• RH pays $57.7M to Delshah Capital for hotel in Meatpacking District (February 01, 2024)
• Hong Bae Park pays $8.2M to Delshah Capital for retail in Flatiron District (January 05, 2024)
• Funding dispute slows renovation at NoMad retail condo: Court filing (December 18, 2023)
Court Records:
Properties: