Torkian Group
People:
Torkian Group portfolio
$116.7 million – mixed-use 40%, elevator 38%; Manhattan 97%, Brooklyn 2%
481th largest portfolio by dollar value
203,443 sqft – elevator 59%, mixed-use 25%;
1174th largest by SF
18 properties – Manhattan 94%, Brooklyn 5%
139th largest
323 residential units – Manhattan 98%, Brooklyn 1%
492th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 4 for $40.9 million
Seller company: 0 for $0
Borrower company: 2 for $20.2 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Provident Bank (2), Metropolitan Commercial Bank (2), Copperwood Real Estate (2), Daniel Smith (2), M&T Bank (2), AIG (1), Valley National Bank (1), Nicholas Stroghilas (1), Robert Macropoulos (1), Helen Macropoulos (1)
Top Ten Associated People:
Paul B. Ciancimino (2), Daniel Smith (2), Robert Lemle (2), Nicholas Stroghilas (1), Robert Macropoulos (1), Helen Macropoulos (1), John Macropoulos (1), Craig Zajac (1), Ross Dahmen (1), Vincent J. Reilly (1)
Latest Stories:
• Thor, ASB Capital sell FiDi retail for $4.95M to Torkian Group, bought for $31M (July 23, 2024)
• Torkian Group pays $7.2M for mixed-use in Chelsea (March 01, 2023)
• Torkian Group pays $12.9M to Aryeh Realty for mixed-use building in Yorkville (August 10, 2021)
• Torkian Group borrows $32M from Bank Leumi for property in Financial District (March 08, 2021)
• Torkian Group pays $5M to Milton Taube for multifamily property in Yorkville (July 09, 2020)
Litigation: