Namdar Realty Group
150 MIDDLE NECK RD, SUITE 304 GREAT NECK NY 11021
People:
Namdar Realty Group portfolio
$501.4 million – office 45%, walkup 17%; Manhattan 88%, Brooklyn 6%
118th largest portfolio by dollar value
2,279,783 sqft – office 40%, walkup 18%;
132th largest by SF
84 properties – Manhattan 39%, Brooklyn 34%
78th largest
1,133 residential units – Manhattan 59%, Bronx 20%
196th largest by residential units
5 foreclosures, 1 bankruptcy, 3 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 0 for $0
Lender company: 3 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Sanders Investments (5), Signature Bank (3), Sassan Sassouni (3), Nejatollah Sassouni (3), Brodsky Organization (2), Impulsive Group (1), Rafael Serrano (1), 2651 Broadway Partners LLC (1), Benenson Capital Partners (1), Princeton Holdings (1)
Top Ten Associated People:
Martin Sanders (5), Hank Freid (1), Kenneth A. Stagnari (1), Felix A. Serrano (1), Richard A. Kessler (1), Michael Giacinto (1), J. Dean Amro (1), Penelope Fletcher (1), Carole A. Sasiela (1)
Latest Stories:
• Namdar Realty buys $3M in notes secured by two Sassouni East Village rentals (September 27, 2024)
• Namdar, Klosed, partners, sign $147.1M refi for 20 properties in NYC (June 06, 2024)
• Namdar buys $33.4M note secured by Benenson’s Lenox Hill retail (May 24, 2024)
• Namdar, H Holding, Klosed sign $14.5M refi for industrial in Mott Haven (May 11, 2023)
• Namdar Realty Group buys $11.5M note on 4 Sassouni Mgmt East Village walkups (February 25, 2022)
• Namdar, Klosed pay $5.3M for walkup building in Williamsburg (January 19, 2022)
Litigation: