Olnick Organization
Olnick Organization portfolio
$383.6 million* – elevator 62%, office 37%; Manhattan 79%, Bronx 20%
170th largest portfolio by dollar value
2,783,639 sqft – elevator 89%, office 10%;
118th largest by SF
10 properties – Manhattan 90%, Bronx 10%
823th largest
2,319 residential units – Manhattan 75%, Bronx 24%
97th largest by residential units
Top Ten Associated Companies:
First Republic Bank (2), New York Community Bank (1), Capital One (1), family of late real estate investor Charles Goldner (1), Taurus Investment Holdings (1)
Top Ten Associated People:
James C. Ricca (1)
Recent activity as company:
• Olnick Organization borrowed $77 million from New York Community Bank for 130 Fifth Avenue, Flatiron District, Manhattan on August 01, 2022.
• Olnick Organization borrowed $105 million from First Republic Bank for 63 Prince Street, Nolita, Manhattan on December 24, 2019.
• Olnick Organization borrowed $50 million from First Republic Bank for 360 Amsterdam Avenue, the Upper West Side, Manhattan on November 22, 2019.
• family of late real estate investor Charles Goldner sold 360 Amsterdam Avenue, the Upper West Side, Manhattan for $106.4 million to Olnick Organization on November 22, 2019.
• Olnick Organization borrowed $10 million from Capital One for 542 West 153rd Street, Hamilton Heights, Manhattan on October 30, 2019.
• Taurus Investment Holdings sold 542 West 153rd Street, Hamilton Heights, Manhattan for $19 million to Olnick Organization on October 30, 2019.
Latest Stories:
• Olnick Organization signs $77M refi for office building in Flatiron District (August 02, 2022)
• Gould Investors borrows $25M from AIG for retail portion of property in Flatiron (June 11, 2020)
Properties: