Silverstein Properties
People:
Silverstein Properties portfolio
$4.9 billion – office 86.0%, condo 7.0%; Manhattan 99.0%, Bronx 0.0%
10th largest portfolio by dollar value
15,244,388 sqft – office 79.0%, condo 12.0%;
16th largest by SF
161 properties – Brooklyn 81%, Manhattan 16%
35th largest
1,815 residential units – Manhattan 80.0%, Queens 19.0%
113th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $672 million
Seller company: 1 for $107.6 million
Borrower company: 4 for $605.8 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Wells Fargo (4), City Parking (1), Metro Loft Management (1), AIG (1), Bank of New York Mellon as trustee (1), Extell Development (1), Banco Inbursa (1), Related Companies (1), Namdar Realty Group (1), Empire Capital Holdings (1)
Top Ten Associated People:
Rafael Llopiz (1), Nathan Berman (1), Jacob Baron (1), Glenn Kunak (1), Marc Kwestel (1), Jennifer D. Britt (1), George L. Olsen (1), Matthew K. Scheriff (1), Abraham Khalili (1), Jeffrey Horowitz (1)
Latest Stories:
• Namdar, partners sign $111.2M loan for Fifth Avenue office properties (September 28, 2023)
• Namdar, Empire Capital pay $107.6M to Silverstein for office in Grand Central (June 27, 2023)
• Silverstein pays $247.5M to Metro Loft for 416-unit elevator building in FiDi (February 08, 2022)