Richard Ohebshalom
Pink Stone Capital Group
Owner
Pink Stone Capital Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$30.6 million – elevator 97%, condo 2%; Brooklyn 97%, Manhattan 2%
1285th largest portfolio by dollar value
111,281 sqft – elevator 97%, condo 2%;
1768th largest by SF
5 properties – Manhattan 80%, Brooklyn 20%
152th largest
104 residential units – Brooklyn 99%, Manhattan 0%
694th largest by residential units
1 foreclosure, 0 bankruptcies, 1 other court case.
Top Ten Associated Companies:
CBO Funding (1), Fortress Investment Group (1), Prime Finance (1), Sidney Borenstein (1), Grubb Properties (1)
Top Ten Associated People:
Daryl Hagler, Leslie Westreich (1), Constantine “Dean” M. Dakolias (1), Sidney Borenstein (1), James M. Hochman (1)
Recent activity as signatory:
• Pink Stone Capital Group borrowed $0 from Prime Finance for 172-184 Nassau Street, Downtown Brooklyn, Brooklyn on November 07, 2022.
• Pink Stone Capital Group sold 111 Washington Street, Financial District, Manhattan for $89.2 million to Grubb Properties on September 24, 2021.
• Pink Stone Capital Group sold 105 Washington Street, Financial District, Manhattan for $9.5 million to Sidney Borenstein on April 08, 2021.
• Pink Stone Capital Group borrowed $6 million from CBO Funding for 105 Washington Street, Financial District, Manhattan on September 11, 2020.
• Pink Stone Capital Group borrowed $80 million from Fortress Investment Group for 111 Washington Street, Financial District, Manhattan on September 11, 2020.
• Richard Ohebshalom filed plans for new building for 340,376 sqft in Financial District, Manhattan, on December 11, 2014.
Latest Stories:
• Grubb Properties signs $67.5M refi with Maxim Capital for dev parcel in FiDi May 23, 2024
• Nonprofit pays $12.9M to Sid Borenstein for specialty in FiDi June 29, 2022
• Pink Stone Capital sells FiDi site for $9.5M April 09, 2021
• Carmel Partners borrows from Axos Bank against $80M Pink Stone loan in FiDi November 17, 2020
• Richard Ohebshalom buys out father’s stake at FiDi dev site valued at $57.7M September 10, 2020