Dennis Riese
Owner
Dennis Riese portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$51.9 million – walkup 44%, mixed-use 31%; Manhattan 100%, Bronx 0%
909th largest portfolio by dollar value
75,439 sqft – mixed-use 52%, walkup 32%;
2247th largest by SF
7 properties – Manhattan 100%, Bronx 0%
150th largest
24 residential units – Manhattan 100%, Bronx 0%
774th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $11.2 million
Borrower signatory: 1 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
T30 Capital (2), Minamoto Kitchoan (1)
Top Ten Associated People:
Recent activity as signatory:
• Riese Organization sold 34 Union Square, Gramercy, Manhattan for $11.2 million to T30 Capital on October 24, 2024.
• Riese Organization borrowed $0 from T30 Capital for 34 Union Square, Gramercy, Manhattan on October 24, 2024.
• Riese Organization sold 604 5th Avenue, Plaza District, Manhattan for $45 million to Minamoto Kitchoan on April 16, 2021.
Latest Stories:
• Note holder acquires Union Square dev site from Riese Org. in $11.2M transfer October 25, 2024
• Minamoto Kitchoan pays $45M to Riese Organization for property in Plaza District April 19, 2021