Ronen Ben-Josef

(Ronen Ben Josef)

Ben-Josef Group Holdings

Owner

104 W 40th Street 9th Floor New York, NY 10018

104 W 40th Street 14th Floor New York, NY 10018

Ben-Josef Group Holdings portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$90.1 million – office 58%, elevator 28%; Manhattan 61%, Brooklyn 38%

589th largest portfolio by dollar value

312,299 sqft – office 55%, elevator 30%;

861th largest by SF

8 properties – Brooklyn 75%, Manhattan 25%

149th largest

175 residential units – Brooklyn 100%, Manhattan 0%

623th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 4 for $42.3 million

Seller signatory: 0 for $0

Borrower signatory: 3 for $119.2 million

Lender signatory: 1 for $33.7 million

Developer (new building or major alteration): 2 for 9,684 square feet

Top Ten Associated Companies:

UBS Realty Investors (3), Ben-Josef Group Holdings (2), Hineni Heritage Center (1), Princeton International Properties (1), Wells Fargo (1), Bank of America (1)

Top Ten Associated People:

Thomas Pierandri (3), Steven T. Sedlak (2), Shlomo Gertzulin (1), Israel Jungreis (1), Slovah C. Jungreis (1), Ronen Ben-Josef (1)

Recent activity as signatory:

Ben-Josef Group Holdings borrowed $72 million from Bank of America for 104 West 40th Street, Garment District, Manhattan on November 20, 2024.

Ben-Josef Group Holdings borrowed $33.7 million from Ben-Josef Group Holdings for 25 Monroe Place, Brooklyn Heights, Brooklyn on October 08, 2024.

Ben-Josef Group Holdings borrowed $13.5 million from Ben-Josef Group Holdings for 82 4th Avenue, Boerum Hill, Brooklyn on July 10, 2024.

Ronen Ben Josef filed plans for major alteration for 4,842 sqft in Upper West Side, Manhattan, on November 29, 2023.

• Hineni Heritage Center sold 232 West End Avenue, Lincoln Square, Manhattan for $2.3 million to Ben-Josef Group Holdings on August 31, 2023.

UBS Realty Investors sold 100 Steuben Street, Clinton Hill, Brooklyn for $22.3 million to Ben-Josef Group Holdings on August 11, 2023.

UBS Realty Investors sold 531 Myrtle Avenue, Clinton Hill, Brooklyn for $3 million to Ben-Josef Group Holdings on August 11, 2023.

UBS Realty Investors sold 531 Myrtle Avenue, Clinton Hill, Brooklyn for $14.7 million to Ben-Josef Group Holdings on August 11, 2023.

Ronen Ben Josef filed plans for major alteration for 4,842 sqft in Upper West Side, Manhattan, on February 21, 2023.

Princeton International Properties sold 104 West 40th Street, Garment District, Manhattan for $79.7 million to Ben-Josef Group Holdings on August 06, 2021.

Latest Stories:

• Ben-Josef Group Holdings signs $72M refi for office in Garment District November 21, 2024

• Ben-Josef Group pays $43.5M to Benchmark, for 67-unit rental in Brooklyn Heights, was $50M in 2015 October 09, 2024

• Ben-Josef Group Holdings pays $20M for 28-unit building in Boerum Hill July 11, 2024

• Ron Ben-Josef affiliates pay $2.3M for historic Jewish center building in Lincoln Square September 01, 2023

• Ben-Josef Group pays $40M to UBS for 2 rentals in Clinton Hill, last sold for $55.9M August 14, 2023

• Ben-Josef Group Holdings acquires interest valued at $79.7M for office building in Garment District August 09, 2021

• Princeton International signs $72M refi with Wells Fargo for office building in Garment District August 05, 2021

• Benchmark Real Estate Group borrows $35M from MetLife for multifamily property in Brooklyn Heights March 25, 2020

• UBS Realty Investors pays $56M to Greystone Development for multifamily property in Clinton Hill February 14, 2020

• UBS fund borrows $42M from UBS fund for acquisition of multifamily property in Clinton Hill February 14, 2020