Kaufman Organization

Kaufman Organization portfolio

$262.9 million* – office 100%; Manhattan 100%, Bronx 0%

230th largest portfolio by dollar value

1,297,258 sqft – office 100%;

265th largest by SF

9 properties – Manhattan 100%, Bronx 0%

908th largest

0 foreclosures, 0 bankruptcies, 4 other court cases.

Company Activity past 24 months:

Seller company: 1 for $88 million

Borrower company: 2 for $65.2 million

Top Ten Associated Companies:

First Republic Bank (2), Citibank (2), Unizo Holdings (1), Blum family (1), MetLife (1), Motcomb Estates (1), MFM Properties (1), American Family Life Assurance Company of Columbus (1), Apple Bank for Savings (1), Metro Loft Management (1)

Top Ten Associated People:

Irena Galieva (1), Leslie Blum (1), William Organek (1), Ilan Mosery (1), Pankaj Mistry (1), Barbara Mirin Feldman (1), Nathan Berman (1)

Recent activity as company:

Kaufman Organization sold 767 Third Avenue, Midtown East, Manhattan for $88 million to Metro Loft Management and Quantum Pacific Group on January 15, 2025.

Kaufman Organization borrowed $32.2 million from Citibank for 132 West 36th Street, Garment District, Manhattan on June 27, 2024.

Kaufman Organization borrowed $33 million from Citibank for 111 West 19th Street, Chelsea, Manhattan on January 05, 2024.

Kaufman Organization borrowed $30 million from First Republic Bank for 519 8th Avenue, Garment District, Manhattan on July 18, 2022.

Kaufman Organization borrowed $11 million from American Family Life Assurance Company of Columbus for 462 7th Avenue, Garment District, Manhattan on June 16, 2021.

• MFM Properties sold 135 West 29th Street, Chelsea, Manhattan for $34.5 million to Kaufman Organization on April 01, 2021.

Kaufman Organization borrowed $8.3 million from Apple Bank for Savings for 470 7th Avenue, Garment District, Manhattan on February 08, 2021.

Kaufman Organization sold 20 East 76th Street, the Upper East Side, Manhattan for $150.2 million to Motcomb Estates on December 08, 2020.

Blum family sold 56 West 22nd Street, Flatiron, Manhattan for $48.5 million to Kaufman Organization on March 26, 2020.

Kaufman Organization borrowed $7 million from First Republic Bank for 212 West 35th Street, Penn Plaza, Manhattan on January 28, 2020.

Latest Stories:

• Metro Loft Management pays $88M office building in Midtown East (January 16, 2025)

• Kaufman Organization signs $32.2M refi with Citibank for office in Garment District (June 28, 2024)

• William Kaufman Organization signs $155M refi with Signature for office building in Midtown East (December 02, 2022)

• Reuben Brothers files to convert upper rooms in Surrey Hotel to 14 residential units (October 24, 2022)

• Hackman Capital, Square Mile finance Astoria Studios purchase with $340M Deutsche Bank loan (January 17, 2022)

• William Kaufman Org. signs $71M rehab construction loan for office building in Midtown East (January 17, 2022)

• Kaufman Org. signs $11M refi with American Family Life in Garment District (June 17, 2021)

• Kaufman signs 99-year ground lease in Chelsea valued at $34.5M (April 02, 2021)

• William Kaufman Organization extends $66M loan from Apple Bank for 767 Third in Midtown East (December 14, 2020)

• Reuben brothers pay $150M to Kaufman Organization for Surrey hotel (December 09, 2020)

Court Records:

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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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