Richard Cohen
(Richard A. Cohen)
Stonehenge NYC
Owner
Stonehenge NYC portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$872.1 million – elevator 89.0%, condo 9.0%; Manhattan 89.0%, Queens 10.0%
65th largest portfolio by dollar value
3,474,932 sqft – elevator 91.0%, condo 7.0%;
79th largest by SF
29 properties – Manhattan 96%, Queens 3%
128th largest
3,303 residential units – Manhattan 88.0%, Queens 11.0%
49th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 1 for $114 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $104.3 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 2 for 113,380 square feet
Top Ten Associated Companies:
TD Bank (4), Chestnut Holdings (2), JPMorgan Chase (1), Park Avenue South Management (1), Naftali Group (1), UBS Realty Investors (1), Mesa West Capital (1), Heller Realty (1), Ares Management (1)
Top Ten Associated People:
Paul Kesicki (4), Ben Rieder (1), Richard Herman (1), Jonathan Wiener (1), Yoseph Manor (1), Thomas Pierandri (1), Raphael Fishbach (1), Robert Ross (1), Andrea Karp (1)
Recent activity as signatory:
• Stonehenge NYCand A-Rod Corp. borrowed $43.5 million from Ares Management for 340 East 51st Street, Turtle Bay, Manhattan on January 08, 2025.
• Richard Cohen filed plans for major alteration for 7,852 sqft in East Williamsburg, Brooklyn, on November 22, 2024.
• Richard Cohen filed plans for major alteration for 105,528 sqft in Kips Bay, Manhattan, on July 21, 2023.
• Stonehenge NYCand Carlyle Group borrowed $60.8 million from Mesa West Capital for 408 East 92nd Street, 1764 1st Avenue, 1762 1st Avenue, 1758 1st Avenue, 1760 1st Avenue, and others, Yorkville, Manhattan on April 24, 2023.
• UBS Realty Investors sold 408 East 92nd Street, Yorkville, Manhattan for $114 million to Stonehenge NYCand Carlyle Group on April 24, 2023.
• Heller Realty sold 772 Greenwich Street, West Village, Manhattan for $80.4 million to Stonehenge NYC on August 29, 2022.
• Stonehenge NYC borrowed $85.6 million from TD Bank for 555 Avenue Of The Amer, Chelsea, Manhattan on July 22, 2022.
• Stonehenge NYC borrowed $16 million from TD Bank for 112 9th Avenue, Chelsea, Manhattan on July 20, 2022.
• Stonehenge NYC borrowed $22.7 million from TD Bank for 245 Park Avenue South, Gramercy, Manhattan on July 19, 2022.
• Stonehenge NYC borrowed $24.3 million from TD Bank for 1143 2nd Avenue, Lenox Hill, Manhattan on July 19, 2022.
Latest Stories:
• Carlyle Group joins Stonehenge to pay $114M to UBS for 196-unit rental in Yorkville April 24, 2023
• Stonehenge signs $85.6M loan with TD Bank for 163-unit rental in Chelsea July 25, 2022
• Chestnut Holdings pays $3.4M to Buckingham Properties for 22-unit walkup in Belmont April 05, 2022