Adam Nagin
Superior Management
Owner
Superior Management|L&L Capital Partners portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$120.3 million – walkup 57%, elevator 21%; Manhattan 84%, Brooklyn 11%
462th largest portfolio by dollar value
397,571 sqft – elevator 37%, walkup 35%;
721th largest by SF
31 properties – Manhattan 80%, Brooklyn 16%
126th largest
467 residential units – Manhattan 78%, Brooklyn 21%
393th largest by residential units
Notes
Superior Management is the property holding and management company, while L&L Capital Partners is a lender. When L&L takes title, the property is owned under Superior Management (per linkedin chat)
Person Activity past 24 months:
Buyer signatory: 2 for $14.4 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 1 for $6 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
First Republic Bank (1), Yehoshia Sturm (1), Isaac Hager foreclosed (1), Cornell Realty Management foreclosed (1), Samuel Pfeiffer (1)
Top Ten Associated People:
Rovelyn Hathaway (1), Yehoshia Sturm (1), Gregory J. Newman (1), Helmut Borchert (1)
Recent activity as signatory:
• Samuel Pfeiffer sold 5601 13th Avenue, Borough Park, Brooklyn for $2 million to Superior Management on September 13, 2024.
• Isaac Hager foreclosedand Cornell Realty Management foreclosed sold 42-45 12th Street, Long Island City, Queens for $12.4 million to Superior Management on August 08, 2023.
• Yehoshia Sturm borrowed $6 million from L&L Capital Partners for 5902 13th Avenue, 1271 60th Street, 1251 60th Street, 1255 60th Street, 1259 60th Street, and others, Borough Park, Brooklyn on March 06, 2023.
• Superior Management borrowed $5 million from First Republic Bank for 46 West 21st Street, Flatiron District, Manhattan on September 15, 2022.
• RJ Capital Holdings borrowed $22.7 million from Madison Realty Capital for 70-35 113th Street and N/A Grand Central Parkwa, Forest Hills, Queens on June 09, 2021.
• Adam Nagin for Jonathan Nagin filed plans for major alteration for 9,428 sqft in Flatiron District, Manhattan, on December 26, 2017.