Nesim Bahar
(Niso Bahar)
Alexico Group
Owner
Alexico Group portfolio
$88.5 million* – hotel 90%, mixed-use 5%; Manhattan 100%, Bronx 0%
620th largest portfolio by dollar value
198,117 sqft – hotel 93%, mixed-use 4%;
1218th largest by SF
3 properties – Manhattan 100%, Bronx 0%
2218th largest
11 residential units – Manhattan 100%, Bronx 0%
3957th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Borrower signatory: 1 for $300 million
Top Ten Associated Companies:
Goldman Sachs (1)
Top Ten Associated People:
Steve Pack (1)
Recent activity as company:
• Alexico Group borrowed $300 million from Goldman Sachs for 21-35 East 77th and 1000 Madison Avenue, Lenox Hill, Manhattan on June 20, 2024.
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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.