REDA Holdings
57 West 57th Street, 4th floor, New York, NY 10019
People:
REDA Holdings portfolio
$72.8 million* – elevator 52%, walkup 34%; Manhattan 62%, Brooklyn 37%
727th largest portfolio by dollar value
194,576 sqft – elevator 61%, walkup 29%;
1240th largest by SF
13 properties – Manhattan 61%, Brooklyn 38%
670th largest
195 residential units – Manhattan 56%, Brooklyn 43%
911th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $60.1 million
Borrower company: 2 for $35 million
Top Ten Associated Companies:
Nir Sapir (1), Churchill Real Estate Holdings (1), Dime Community Bank (1), Kushner Companies (1), Benjamin Zalman (1), Alan J. Schnurman (1), New York Community Bank (1), Amalgamated Bank (1), Bridge Investment Group (1), Witnick Real Estate Partners (1)
Top Ten Associated People:
Rosemary Hayden (1), Sorabh Maheshwari (1), Louis Ciniglio (1), Matthew Burrows (1), Benjamin Zalman (1), Alan J. Schnurman (1), Alan L. Kaufman (1), Jeehae Lee (1), Ramiel Ben-Yehuda (1), Matthew Becker (1)
Recent activity as company:
• Icon Realty Management sold 242 East 75th Street, Lenox Hill, Manhattan for $6.9 million to REDA Holdings on December 20, 2024.
• Related Companies sold 788 Classon Avenue, Crown Heights, Brooklyn for $3.7 million to REDA Holdings on July 22, 2024.
• REDA Holdings borrowed $12 million from LMF Commercial for 25 Peck Slip and 355 West Broadway, Financial District, Manhattan on July 18, 2024.
• Benchmark Real Estate Group sold 222 Pacific Street, Boerum Hill, Brooklyn for $7 million to REDA Holdings on January 03, 2024.
• Bridge Investment Group sold 355 West Broadway, SoHo, Manhattan for $7.5 million to REDA Holdings on November 21, 2023.
• REDA Holdings borrowed $23 million from Amalgamated Bank for 50 North First Street, Williamsburg, Brooklyn on February 13, 2023.
• Kushner Companies sold 50 North First Street, Williamsburg, Brooklyn for $34.9 million to REDA Holdings on February 13, 2023.
• Nir Sapir sold 766 Lafayette Avenue, Bedford-Stuyvesant, Brooklyn for $7.3 million to REDA Holdings on May 09, 2022.
• REDA Holdings borrowed $5.5 million from New York Community Bank for 240 East 75th Street, Lenox Hill, Manhattan on March 22, 2022.
• Benjamin Zalman and Alan J. Schnurman sold 25 Peck Slip, Financial District, Manhattan for $8.7 million to REDA Holdings on March 18, 2022.
Latest Stories:
• REDA Holdings pays $6.9M to Icon for 20-unit walkup in Lenox Hill (December 23, 2024)
• REDA Holdings pays $3.7M to Related for 8-unit walkup in Crown Heights (July 23, 2024)
• REDA Holdings pays $7M to Benchmark for 10-unit walkup in Boerum Hill (January 04, 2024)
• REDA Holdings pays $7.5M to Bridge Investment Group for retail in SoHo (November 22, 2023)
• REDA Holdings pays $7.3M to Nir Sapir for 12-unit elevator rental in Bed Stuy (May 10, 2022)
• REDA Holdings pays $8.7M for mixed-use in FiDi next to prior $24.5M purchase (March 21, 2022)
• REDA Holdings pays $19.3M for rentals in Greenwich Village, Bed-Stuy (December 26, 2021)
Properties: