Liane Ginsberg

Algin Management

Owner

183 Madison Avenue, Suite 1602 New York, NY 10016

Algin Management portfolio

$335.9 million* – elevator 71%, mixed-use 19%; Manhattan 80%, Brooklyn 19%

189th largest portfolio by dollar value

1,295,940 sqft – elevator 72%, mixed-use 20%;

268th largest by SF

16 properties – Manhattan 93%, Brooklyn 6%

545th largest

1,098 residential units – Manhattan 100%, Bronx 0%

220th largest by residential units

Person Activity past 24 months:

Seller signatory: 3 for $46.5 million

Top Ten Associated Companies:

Benedict Realty Group (3), New York Life Insurance Company (1)

Top Ten Associated People:

Daniel Benedict (3)

Recent activity as company:

Algin Management sold 34-44 77th Street, Jackson Heights, Queens for $13.5 million to Benedict Realty Group on November 13, 2024.

Algin Management sold 40-40 79th Street, Elmhurst, Queens for $18 million to Benedict Realty Group on November 01, 2024.

Algin Management sold 56-11 94th Street, Elmhurst, Queens for $15 million to Benedict Realty Group on November 01, 2024.

Algin Management borrowed $145.6 million from New York Life Insurance Company for 242 West 53rd Street, Theater District/Times Square, Manhattan on December 23, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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