Michael Arman

Jonathan Rose Companies

Jonathan Rose Companies portfolio

$150.4 million* – elevator 68.0%, condo 25.0%; Manhattan 42.0%, Brooklyn 37.0%

394th largest portfolio by dollar value

1,044,172 sqft – elevator 66%, condo 28%;

335th largest by SF

7 properties – Brooklyn 42%, Manhattan 28%

1138th largest

887 residential units – Manhattan 45%, Queens 23%

264th largest by residential units

Top Ten Associated Companies:

Key Developers (1)

Top Ten Associated People:

Joseph Brunner (1)

Recent activity as company:

• Jonathan Rose Companies sold 4-21 27 AVENUE and 26-25 4 STREET, Astoria, Queens for $0 to Key Developers on November 20, 2020.

Latest Stories:

• Bruman Realty signs $75M refi with Greystone & Co. for 165-unit project in Astoria (October 11, 2023)

• Bruman Realty signs $65.9M construction loan with Slate Property Group for 165-unit project in Astoria (November 10, 2021)

• Bruman Realty pays $14.4M to Goodwill Industries for property in Astoria (November 23, 2020)

• Bruman Realty borrows $7.9M from Bank Hapoalim to buy development land in Astoria (November 23, 2020)

• Solomon Feder files plans for 165-unit residential building in Astoria (September 11, 2020)

• Jonathan Rose Companies, Settlement Housing, borrow $29M from NYC Housing Development Corp. for multifamily property in Astoria (January 02, 2020)

• Settlement Housing Fund pays $35M to Goodwill Industries for an interest in a multifamily property in Astoria (December 30, 2019)

• Israel Worch signs contract to buy Astoria Goodwill warehouse building (September 16, 2019)

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

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