Townhouse Management Company
People:
Townhouse Management Company portfolio
$42.2 million* – condo 87%, mixed-use 7%; Manhattan 100%, Bronx 0%
1065th largest portfolio by dollar value
132,430 sqft – condo 91%, walkup 7%;
1595th largest by SF
4 properties – Manhattan 100%, Bronx 0%
1806th largest
33 residential units – Manhattan 100%, Bronx 0%
2636th largest by residential units
Company Activity past 24 months:
Seller company: 4 for $22.6 million
Borrower company: 3 for $78.3 million
Top Ten Associated Companies:
White Oak Real Estate (1), Michael Katz (1), Rybak Development (1), OceanFirst Bank (1), Derby Copeland Capital (1), Santander Bank (1), Aryeh Realty (1), Bettina Equities (1), Patriot Bank (1), Salvatore Gaudio (1)
Top Ten Associated People:
Eric Tanjeloff (1), Michael Katz (1), Sergey Rybak (1), Jesse Hutcher (1), Charlie Attias (1), Salvatore Gaudio (1), Roni Abudi (1), Michael Khodadadian (1), Marshall Van Smith (1)
Recent activity as company:
• Townhouse Management Company borrowed $54.5 million from FS Investments and Rialto Capital Advisors for 554-556 3rd Avenue, Murray Hill, Manhattan on January 03, 2025.
• Townhouse Management Company sold 309 West 43rd Street, Hell’s Kitchen, Manhattan for $2.7 million to Michael Khodadadian on December 27, 2024.
• Townhouse Management Company sold 448 East 78th Street, Lenox Hill, Manhattan for $3.8 million to Roni Abudi on December 12, 2024.
• Townhouse Management Company borrowed $18.9 million from Derby Copeland Capital for 35 East 63rd Street, Lenox Hill, Manhattan on August 09, 2024.
• Townhouse Management Company sold 1582 York Avenue, Yorkville, Manhattan for $5.8 million to company on November 09, 2023.
• Townhouse Management Company borrowed $5 million from OceanFirst Bank for 324 East 77th Street, 448 East 78th Street, and 450 East 78th Street, Lenox Hill, Manhattan on September 07, 2023.
• Townhouse Management Company sold 1530 York Avenue and 502 East 81st Street, Yorkville, Manhattan for $10.4 million to Rybak Development on July 05, 2023.
• Townhouse Management Company borrowed $0 from company for 1530 York Avenue and 502 East 81st Street, Yorkville, Manhattan on January 19, 2023.
• Townhouse Management Company sold 21 Gramercy Park South, Gramercy, Manhattan for $3.8 million to Michael Katz on September 20, 2022.
• Townhouse Management Company borrowed $52.5 million from White Oak Real Estate for 554 3rd Avenue, Murray Hill, Manhattan on January 13, 2022.
Latest Stories:
• Roni Abudi pays $3.8M to Townhouse Management for 16-unit walkup in Lenox Hill (December 13, 2024)
• Rybak Development plans 9-unit building in Yorkville (February 11, 2024)
• Townhouse Management Company sells 16-unit walkup in Yorkville for $5.8M (November 10, 2023)
• Rybak Development pays $10.4M to Townhouse Management for dev site in Yorkville (July 06, 2023)
Properties: