Nathan Berman

Founding Principal

Metro Loft Management

40 Wall Street #1706 New York, NY 10005

Metro Loft Management portfolio

$993.7 million* – office 64%, elevator 35%; Manhattan 100%, Bronx 0%

62th largest portfolio by dollar value

3,737,473 sqft – office 71%, elevator 28%;

76th largest by SF

9 properties – Manhattan 100%, Bronx 0%

903th largest

1,148 residential units – Manhattan 100%, Bronx 0%

205th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $260.5 million

Borrower signatory: 3 for $130 million

Top Ten Associated People:

Michael L. Levy (1), Andrew Migdon (1), Judy Barnes (1), Yaro Portuhay (1), Jonathan Kaufman Iger (1)

Recent activity as company:

Metro Loft Management borrowed $55 million from Bank Hapoalim for 767 Third Avenue, Midtown East, Manhattan on January 15, 2025.

Kaufman Organization sold 767 Third Avenue, Midtown East, Manhattan for $88 million to Metro Loft Management and Quantum Pacific Group on January 15, 2025.

Metro Loft Management and Anthony Fromer borrowed $0 from BCG Holdings for 135 William Street, Financial District, Manhattan on January 03, 2025.

Metro Loft Management and David Werner Real Estate Investments borrowed $75 million from Northwind Group for 219 East 42nd Street, Grand Central, Manhattan on August 26, 2024.

Rudin Management sold 55 Broad Street, Financial District, Manhattan for $172.5 million to Silverstein Properties and Metro Loft Management on August 04, 2023.

Metro Loft Management sold 116 John Street, Financial District, Manhattan for $247.5 million to Silverstein Properties on February 07, 2022.

Metro Loft Management borrowed $20 million from Valley National Bank for 135 William Street, Financial District, Manhattan on April 12, 2021.

Latest Stories:

• Metro Loft Management pays $88M office building in Midtown East (January 16, 2025)

• Metro Loft, David Werner buy out partner in $60M transaction in Grand Central, borrow $75M (August 27, 2024)

• Metro Loft files conversion plans for 1,463 units at former Pfizer HQ buildings (July 08, 2024)

• Silverstein, Metro Loft pay $172.5M to Rudin for tower in FiDi, get $220M construction loan (August 10, 2023)

• Silverstein pays $247.5M to Metro Loft for 416-unit elevator building in FiDi (February 08, 2022)

• William Kaufman Org. signs $71M rehab construction loan for office building in Midtown East (January 17, 2022)

• Metro Loft borrows $20M from Valley National for 30-unit rental in FiDI (April 13, 2021)

• William Kaufman Organization extends $66M loan from Apple Bank for 767 Third in Midtown East (December 14, 2020)

• Kaufman Organization files for $12.9M in rehab including retail at Midtown East office building (September 04, 2020)

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

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