Ronald Dickerman
(Ronald M. Dickerman)
Madison International Realty
Owner
300 Park Avenue 3rd Floor New York, NY 10022
Madison International Realty portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$319.7 million – condo 37%, mixed-use 34%; Brooklyn 79%, Manhattan 10%
186th largest portfolio by dollar value
1,827,445 sqft – mixed-use 42%, elevator 27%;
170th largest by SF
17 properties – Manhattan 35%, Brooklyn 35%
140th largest
892 residential units – Manhattan 36%, Brooklyn 32%
241th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 2 for $35 million
Borrower signatory: 2 for $162 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Simone Development Companies (1), RSS UBSBB2013-C6-NY MCS LLC (1), Voya Investment Management (1), Citibank (1), Goldman Sachs (1)
Top Ten Associated People:
Joseph Simone (1), Adam Singer (1), Jason Tessler (1), Tracey Spiritus (1), Timothy Richards (1)
Recent activity as signatory:
• Madison International Realty borrowed $93 million from Citibankand Goldman Sachs for 139 Flatbush Avenue, Fort Greene, Brooklyn on October 28, 2024.
• Madison International Realty borrowed $69 million from Voya Investment Management for 625 Atlantic Avenue and N/A Fort Greene Place, Fort Greene, Brooklyn on March 25, 2024.
• Madison International Realty sold 94 Court Street, Brooklyn Heights, Brooklyn for $23 million to RSS UBSBB2013-C6-NY MCS LLC on October 30, 2023.
• Madison International Realty sold 1730 Eastchester Road, 1742 Eastchester Road, 1724 Eastchester Road, 1710 Eastchester Road, N/A Eastchester Road, and others, Pelham Bay, Bronx for $12 million to Simone Development Companies on October 12, 2023.