Falcon Properties

People:

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Falcon Properties portfolio

$39.2 million* – office 100%; Manhattan 100%, Bronx 0%

1111th largest portfolio by dollar value

209,372 sqft – office 100%;

1162th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3008th largest

Company Activity past 24 months:

Seller company: 3 for $30.3 million

Top Ten Associated Companies:

Carlos Silberman of Falcon Properties (2), Flatiron Equities (2), Jia Lin Pan (1), Mequity Companies (1), Signature Bank (1), First Republic Bank (1), Alberto Makali Ltd. (1)

Top Ten Associated People:

Fred Leffel (1), Jia Lin Pan (1), William H. Marsh Jr. (1), Stephen Siminov (1)

Recent activity as company:

Falcon Properties sold 152 West 36th Street, Garment District, Manhattan for $23.8 million to Mequity Companies and Flatiron Equities on September 24, 2024.

Falcon Properties sold 152 West 36th Street, Garment District, Manhattan for $0 to Flatiron Equities on November 27, 2023.

Falcon Properties sold 150 West 36th Street, Garment District, Manhattan for $6.5 million to Jia Lin Pan on August 31, 2023.

Falcon Properties borrowed $18 million from First Republic Bank for 325 West 38th Street, 150 West 36th Street, and 152 West 36th Street, Hell’s Kitchen, Manhattan on October 08, 2021.

Alberto Makali Ltd. sold 150 West 36th Street, Garment District, Manhattan for $8 million to Falcon Properties on September 29, 2021.

Falcon Properties borrowed $17.5 million from Signature Bank for 147 West 35th Street, Garment District, Manhattan on June 09, 2021.

• Carlos Silberman of Falcon Properties sold 325 West 38th Street, Hudson Yards, Manhattan for $7.6 million to Falcon Properties on October 24, 2019.

• Carlos Silberman of Falcon Properties sold 147 West 35th Street, Garment District, Manhattan for $7.1 million to Falcon Properties on October 24, 2019.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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