Jeffrey Gural
GFP Real Estate
Owner
GFP Real Estate portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.1 billion – office 94.0%, condo 3.0%; Manhattan 98.0%, Bronx 0.0%
54th largest portfolio by dollar value
5,189,141 sqft – office 93.0%, condo 4.0%;
52th largest by SF
45 properties – Manhattan 88%, Bronx 4%
112th largest
8 residential units – Manhattan 100.0%, Bronx 0.0%
790th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 6 for $51.7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Apple Bank for Savings (5), Fortress Investment Group (3), JPMorgan Chase (2), Capital One (1), New York Psychotherapy and Counseling Center (1), Customers Bank (1), Wells Fargo (1)
Top Ten Associated People:
Cynthia Wang (5), Patricia Visone (1), Ursula Flores (1), Elliot Klein (1), Gregory Fantauzzi (1)
Recent activity as signatory:
• GFP Real Estate borrowed $7.7 million from Customers Bank for 416-422 West 45th Street, Hell’s Kitchen, Manhattan on September 10, 2024.
• GFP Real Estate borrowed $0 from Fortress Investment Group for 63-73 Thomas Street, Tribeca, Manhattan on August 22, 2023.
• GFP Real Estateand Zuberry Development borrowed $0 from Fortress Investment Group for 594 Broadway, SoHo, Manhattan on August 22, 2023.
• GFP Real Estate borrowed $0 from Fortress Investment Group for 630 9th Avenue, Hell’s Kitchen, Manhattan on August 21, 2023.
• GFP Real Estateand Steinberg & Pokoik Management borrowed $28 million from Apple Bank for Savings for 1430 Broadway, Garment District, Manhattan on April 18, 2023.
• GFP Real Estate borrowed $16 million from Apple Bank for Savings for 169 Madison Avenue and 175 Madison Avenue, Park Avenue South, Manhattan on March 10, 2023.
• GFP Real Estate sold 338 East 150th Street, Melrose, Bronx for $2.9 million to New York Psychotherapy and Counseling Center on January 05, 2023.
• GFP Real Estate borrowed $9 million from Apple Bank for Savings for 29 Union Square, Flatiron District, Manhattan on September 28, 2022.
• GFP Real Estate borrowed $47 million from JPMorgan Chase for 230 Fifth Avenue, NoMad, Manhattan on September 09, 2022.
• GFP Real Estate borrowed $191 million from Wells Fargo for 40 Worth St, 40 Worth St, 40 Worth St, 40 Worth St, 40 Worth St, and others, Tribeca, Manhattan on July 05, 2022.
Latest Stories:
• Ground lessor of SoHo office, retail building signs $54M refi with Apple Bank April 19, 2024
• GFP, Steinberg & Pokoik sign $28M refi for office in Garment District April 19, 2023
• GFP Real Estate signs $16M refi loan for two properties in Park Avenue South March 13, 2023
• GFP Real Estate signs $47M refi loan with JPMorgan Chase for office in NoMad September 12, 2022
• GFP Real Estate signs $191M loan with Wells Fargo for office in Tribeca July 06, 2022
• GFP Real Estate signs $87M refi loan with Apple Bank for office in Garment District May 04, 2022
• GFP Real Estate signs $23.3M refi loan with Capital One for office in Tribeca March 10, 2022