Superior Management
50 Bank Street New York, NY 10014
People:
Superior Management portfolio
$130.7 million* – walkup 53%, elevator 20%; Manhattan 86%, Brooklyn 10%
447th largest portfolio by dollar value
416,271 sqft – elevator 35%, walkup 34%;
715th largest by SF
32 properties – Manhattan 84%, Brooklyn 12%
310th largest
470 residential units – Manhattan 78%, Brooklyn 21%
451th largest by residential units
Notes
The Nagin family controls both Superior Management and L&L Capital Partners, a lending firm.
Company Activity past 24 months:
Buyer company: 4 for $40.6 million
Seller company: 2 for $17.3 million
Borrower company: 2 for $19 million
Top Ten Associated Companies:
Apple Bank for Savings (1), First Republic Bank (1), Isaac Hager foreclosed (1), Cornell Realty Management foreclosed (1), Jessica Ronson-Jones (1), Samuel Pfeiffer (1), SquareTwo (1), Loketch Group (1), Dime Community Bank (1), Deutsche Bank (1)
Top Ten Associated People:
Cynthia Wang (1), Rovelyn Hathaway (1), Gregory J. Newman (1), Jessica Ronson-Jones (1), Helmut Borchert (1), Walter Edelstein (1), Pinchos Loketch (1), Louis Ciniglio (1), Matt Smith (1), Peter Castro (1)
Recent activity as company:
• Superior Management and L&L Capital Partners sold 5601 13th Avenue, Borough Park, Brooklyn for $2.8 million to Dovid Blum on January 27, 2025.
• Superior Management borrowed $8 million from Deutsche Bank for 244 West 14th Street and 248 West 14th Street, West Village, Manhattan on January 21, 2025.
• Superior Management borrowed $11 million from Dime Community Bank for 207 South 3rd Street and 207 South 3rd Street, Williamsburg, Brooklyn on October 02, 2024.
• Loketch Group sold 207 South 3rd Street and 207 South 3rd Street, Williamsburg, Brooklyn for $19 million to Superior Management on October 02, 2024.
• Samuel Pfeiffer sold 5601 13th Avenue, Borough Park, Brooklyn for $2 million to Superior Management on September 13, 2024.
• Jessica Ronson-Jones sold 156 Waverly Place, Greenwich Village, Manhattan for $7.2 million to Superior Management on August 08, 2024.
• Superior Management sold 244 Waverly Place, West Village, Manhattan for $14.5 million to SquareTwo on July 09, 2024.
• Isaac Hager foreclosed and Cornell Realty Management foreclosed sold 42-45 12th Street, Long Island City, Queens for $12.4 million to Superior Management on August 08, 2023.
• Superior Management borrowed $14 million from Apple Bank for Savings for 337 West 14th Street and 335 West 14th Street, Chelsea, Manhattan on September 20, 2022.
• Superior Management borrowed $5 million from First Republic Bank for 46 West 21st Street, Flatiron District, Manhattan on September 15, 2022.
Latest Stories:
• Superior Management pays $12.4M for foreclosed warehouse in Astoria (August 09, 2023)
Properties: