Jonathan Ohebshalom
Sky Management
Owner
Sky Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$168.1 million – walkup 53%, elevator 41%; Manhattan 100%, Bronx 0%
342th largest portfolio by dollar value
501,251 sqft – elevator 51%, walkup 46%;
594th largest by SF
27 properties – Manhattan 100%, Bronx 0%
130th largest
699 residential units – Manhattan 100%, Bronx 0%
294th largest by residential units
Person Activity past 24 months:
Buyer signatory: 3 for $29.7 million
Seller signatory: 0 for $0
Borrower signatory: 4 for $36.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 13,260 square feet
Top Ten Associated Companies:
M&T Bank (3), Naftali Group (2), Kushner Companies (2), New York Community Bank (1), Time Equities (1), Madison Realty Capital (1), ConnectOne Bank (1), Citizens Bank (1)
Top Ten Associated People:
Michael Naftali (2), Hunter Noah (2), Matthew Burrows (2), John Feijoo (1), Francis Greenburger (1), Urian Yap (1), Leeanne Martz (1), William Dessoffy (1)
Recent activity as signatory:
• Sky Management borrowed $7.3 million from Citizens Bank for 318 East 11th Street and 99 East 7th Street, East Village, Manhattan on November 21, 2024.
• Kushner Companies sold 318 East 11th Street, East Village, Manhattan for $7.6 million to Sky Management on November 21, 2024.
• Kushner Companies sold 99 East 7th Street, East Village, Manhattan for $3.6 million to Sky Management on November 21, 2024.
• Jonathan Ohebshalom filed plans for major alteration for 13,260 sqft in Gramercy, Manhattan, on November 07, 2024.
• Sky Management borrowed $13.9 million from ConnectOne Bank for 421 West 21st Street, Chelsea, Manhattan on September 19, 2024.
• Madison Realty Capital sold 421 West 21st Street, Chelsea, Manhattan for $18.5 million to Sky Management on September 19, 2024.
• Sky Management borrowed $9.5 million from M&T Bank for 1656 3rd Avenue, Carnegie Hill, Manhattan on May 02, 2023.
• Sky Management borrowed $6.2 million from M&T Bank for 231 East 14th Street, Gramercy, Manhattan on February 01, 2023.
• Time Equities sold 240 Sullivan Street, Greenwich Village, Manhattan for $17 million to Sky Management on June 21, 2022.
• Sky Management borrowed $5.3 million from New York Community Bank for 204 West 81st Street, Upper West Side, Manhattan on May 27, 2022.
Latest Stories:
• Naftali signs $140M construction loan for 62-unit condo project in Lenox Hill November 29, 2024
• Sky Management pays $11.2M to Kushner for 31 units in East Village November 22, 2024
• Sky Management pays $17M to Time Equities for 23-unit walkup in Greenwich Village June 22, 2022
• Naftali Group pays $72.6M to Sky Management for likely dev site in Lenox Hill January 13, 2022
• Sky Management borrows $21.2M from M&T Bank for property in Lenox Hill October 27, 2020
• Sky Management buys $1.2M in air rights for Lenox Hill development June 26, 2020