Vanbarton Group
People:
Vanbarton Group portfolio
$968 million* – office 69%, elevator 11%; Manhattan 93%, Bronx 6%
65th largest portfolio by dollar value
2,813,833 sqft – office 72%, elevator 14%;
115th largest by SF
20 properties – Manhattan 85%, Bronx 15%
453th largest
1,121 residential units – Manhattan 99%, Bronx 0%
213th largest by residential units
0 foreclosures, 0 bankruptcies, 14 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $95.5 million
Seller company: 5 for $478.2 million
Borrower company: 3 for $379.4 million
Lender company: 1 for $0
Top Ten Associated Companies:
Blackstone Group (2), Northwestern Mutual Life Insurance (2), Canadian Imperial Bank of Commerce (2), Edward Ostad (1), AFIAA (1), Blackstone Mortgage Trust (1), Sentry Realty (1), 60 Guilders (1), Verv Capital (1), Signature Bank (1)
Top Ten Associated People:
James Sharkey (2), Edward Ostad (1), Joseph Mamrout (1), Edward Cohen (1), Kenneth A. Stagnari (1), Abraham J. Hoffman (1), Albert Rabizadeh (1), Stan J. Sloan (1), Woojoo Kim (1), Thomas Ta (1)
Recent activity as company:
• Vanbarton Group borrowed $165 million from TYKO Capital for 77 Water Street, Financial District, Manhattan on December 19, 2024.
• William Kaufman Organization and Principal Real Estate Investors sold 77 Water Street, Financial District, Manhattan for $95.5 million to Vanbarton Group on December 12, 2024.
• Vanbarton Group sold 292 Madison Avenue, Grand Central, Manhattan for $90.5 million to Sentry Realty and 60 Guilders on November 12, 2024.
• Vanbarton Group sold 47-16 Austell Place, Long Island City, Queens for $11 million to Pearl Realty Management on October 02, 2024.
• Vanbarton Group sold 17 John Street, Financial District, Manhattan for $64.5 million to Breuer Herskowitz registered and Housing Solutions on August 01, 2024.
• Vanbarton Group borrowed $214.4 million from New York Life Insurance Company and Northwestern Mutual Life Insurance for 425 Lexington Avenue, Grand Central, Manhattan on September 12, 2023.
• Vanbarton Group borrowed $0 from Vanbarton Group for 128 West 31st Street, Penn Station, Manhattan on May 31, 2023.
• Vanbarton Group sold 235 West 75th Street, Upper West Side, Manhattan for $38.7 million to RFR HoldingWaterfall Asset Management on March 23, 2023.
• Vanbarton Group sold 15 Laight Street, Tribeca, Manhattan for $273.5 million to Hyundai Motor Group on February 15, 2023.
• Vanbarton Group borrowed $82.5 million from Northwestern Mutual Life Insurance for 184 West 237th Street and 193 West 237th Street, Kingsbridge, Bronx on October 14, 2022.
Latest Stories:
• Vanbarton Group affiliate buys $168.4M note secured by Vanbarton’s 31 Penn Plaza (June 01, 2023)
• Investment sales by recorded date trending downward: Chart (March 27, 2023)
• Hyundai pays $273.5M to Vanbarton Group for office in Tribeca (February 16, 2023)
Court Records:
Properties: