Adam Roman
Principal
Stellar Management
Owner, Developer
Stellar Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.5 billion – elevator 70%, office 14%; Manhattan 88%, Brooklyn 6%
37th largest portfolio by dollar value
10,607,078 sqft – elevator 74%, office 8%;
24th largest by SF
87 properties – Manhattan 78%, Bronx 10%
75th largest
8,113 residential units – Manhattan 75%, Bronx 15%
13th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $8.1 million
Borrower signatory: 7 for $295.7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 2 for 491,264 square feet
Top Ten Associated Companies:
New York Community Bank (17), Bank Leumi (3), Bank of Montreal (2), NYC Housing Development Corporation (2), Signature Bank (2), Brenda E. Geller (1), Chetrit Group (1), Stellar Management (1), Karten Organization (1), Alcova Capital Management (1)
Top Ten Associated People:
John Feijoo (13), Oren Sapirstein (3), Roger Rofe (3), Leanne M. Lispi (1), Brenda E. Geller (1), Meyer Chetrit (1), Ruth Moreira (1), Sharone Karten (1), Lauren Connors (1), Daniel Miller (1)
Recent activity as signatory:
• Stellar Management borrowed $21 million from Bank of Montreal for 236 East 13th Street, East Village, Manhattan on October 15, 2024.
• Stellar Management sold 105 Haven Avenue, Washington Heights, Manhattan for $8.1 million to Two80 Real Estate Ventures on October 01, 2024.
• Stellar Management borrowed $12.9 million from NYC Housing Development Corporation for 49 Crown Street, Crown Heights, Brooklyn on September 27, 2024.
• Stellar Management borrowed $47 million from Customers Bank for 580 Gerard Avenue, Concourse, Bronx on October 10, 2023.
• Stellar Management borrowed $115.6 million from Flagstar Bank for 884 2nd Avenue, Turtle Bay, Manhattan on August 08, 2023.
• Adam Roman filed plans for major alteration for 245,632 sqft in St George, Staten Island, on August 07, 2023.
• Adam Roman filed plans for major alteration for 245,632 sqft in St George, Staten Island, on August 07, 2023.
• Stellar Management borrowed $78 million from New York Community Bank for 44 West 28th Street, NoMad, Manhattan on February 22, 2023.
• Stellar Management borrowed $9.7 million from New York Community Bank for 87 Hamilton Place, Harlem, Manhattan on February 03, 2023.
• Stellar Management borrowed $11.5 million from New York Community Bank for 214 West 21st Street and 209 West 21st Street, Chelsea, Manhattan on February 03, 2023.