Target Corporation

Target Corporation portfolio

$197.9 million* – condo 73.0%, industrial 22.0%; Manhattan 73.0%, Brooklyn 26.0%

308th largest portfolio by dollar value

370,363 sqft – condo 55%, industrial 30%;

775th largest by SF

5 properties – Manhattan 60%, Brooklyn 40%

1478th largest

Top Ten Associated People:

Laboz family (1), Bobby Cayre (1), Samuel J. Jemal (1), Solomon Cohen (1), Lisa Gomes and Lee Warshavsky (1), Meir Babaev (1), Steven M. Kraus (1), Cassie Malayil (1)

Recent activity as company:

• Macerich sold 2575 Flatbush Avenue, 5102 Avenue U, and 5120 Avenue U, None, Brooklyn for $0 to Target Corporation on October 18, 2021.

Savanna sold 25-01 Jackson Avenue, Long Island City, Queens for $0 to Target Corporation on July 01, 2021.

Aurora Capital Associates sold 600 Broadway, Soho, Manhattan for $0 to Target Corporation on December 04, 2020.

Jemal family sold 258 8th Avenue, Chelsea, Manhattan for $0 to Target Corporation on November 24, 2020.

Taconic Partners sold 125 West 125th Street and others, Central Harlem, Manhattan for $0 to Target Corporation on September 02, 2020.

Solomon Cohen sold 2101 Church Avenue, Flatbush, Brooklyn for $0 to Target Corporation on August 18, 2020.

Stellar Management sold 795 Columbus Avenue, 795 Columbus Avenue, 795 Columbus Avenue, 795 Columbus Avenue, 795 Columbus Avenue, the Upper West Side, Manhattan for $0 to Target Corporation on June 12, 2020.

Vornado Realty Trust sold 150 East 86th Street, the Upper East Side, Manhattan for $55,614 to Target Corporation on June 10, 2020.

Jenel Management sold 215 East Fordham Road, Fordham, Bronx for $0 to Target Corporation on April 27, 2020.

Empire State Realty Trust sold 1 Irving Place, Gramercy, Manhattan for $0 to Target Corporation on January 08, 2020.

Latest Stories:

• Investor fears $350M loss if Arch Companies files bankruptcy (October 11, 2023)

• Courts roundup: Arch Companies sues AB Capstone, Karten sues Schuster (February 21, 2023)

• Target signs lease with Macerich at Kings Plaza in Brooklyn (October 19, 2021)

• JJ Operating signs $135M construction loan with Pacific Western for mixed-use development in Chelsea (July 29, 2021)

• United American Land signs $50M refi for mixed-use building in Jamaica (June 16, 2021)

• Arch gets $75M senior construction loan from Madison Realty for 138-unit Ridgewood tower (March 02, 2021)

• Jenel Management gets $25M rehab construction loan for Fordham retail leased to Target (February 25, 2021)

• Target signs 28K sf lease at Aurora, Adjmi’s 600 Broadway in Soho, 11th lease in 14 months (December 07, 2020)

• Target signs 29K lease with Jemal family in Chelsea (November 25, 2020)

• SL Green sells $100M loan secured by Savanna’s 1 Court Sq. to Davidson Kempner (October 16, 2020)

Properties:

To see the 5 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply