Sergey Rybak

Principal

Rybak Development

Developer, Owner

Rybak Development portfolio

$82.1 million* – condo 55.0%, retail 17.0%; Brooklyn 55.0%, Manhattan 33.0%

661th largest portfolio by dollar value

296,412 sqft – condo 64.0%, elevator 12.0%;

909th largest by SF

14 properties – Manhattan 50%, Brooklyn 42%

622th largest

326 residential units – Brooklyn 52.0%, Queens 30.0%

614th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Buyer signatory: 2 for $22.4 million

Borrower signatory: 5 for $149.3 million

Developer (new building or major alteration): 26.0 for 100,808 square feet

Top Ten Associated Companies:

Valley National Bank (7), Maxim Capital Group (2), Kew-Forest School (1), Townhouse Management Company (1), Sapir Organization (1), Emerald Creek Capital (1), Bank Leumi (1), MF1 Capital (1), JPMorgan Chase (1), Sanders Investments (1)

Top Ten Associated People:

Declan P. Meagher (2), Christopher D’Amato (1), Victor Brown (1), Christian Daglieri (1), Mitchel Maidman (1), Sharon Raz (1), Victor Brown Jr. (1), Mark Penna (1), Christopher McKenna (1), Martin Sanders (1)

Recent activity as company:

• Rybak Development borrowed $52 million from Emerald Creek Capital for 656-660 Lexington Avenue, Midtown East, Manhattan on August 21, 2024.

• Sergey Rybak filed plans for new building for 41,142 sqft in Grand Central, Manhattan, on June 14, 2024.

• Rybak Development borrowed $10.1 million from Valley National Bank for 124 East 86th Street, Carnegie Hill, Manhattan on April 30, 2024.

• Sergey Rybak filed plans for new building for 34,524 sqft in Yorkville, Manhattan, on January 30, 2024.

• Rybak Development borrowed $71 million from Valley National Bank for N/A 78th Avenue, Forest Hills, Queens on January 19, 2024.

• Rybak Development borrowed $6.3 million from Maxim Capital Group for 1530 York Avenue and 502 East 81st Street, Yorkville, Manhattan on January 10, 2024.

• Sapir Organization sold 218 Madison Avenue, Grand Central, Manhattan for $12 million to Rybak Development on December 20, 2023.

• Townhouse Management Company sold 1530 York Avenue and 502 East 81st Street, Yorkville, Manhattan for $10.4 million to Rybak Development on July 05, 2023.

• Rybak Development borrowed $10 million from Maxim Capital Group for 656-660 Lexington Avenue, Midtown East, Manhattan on June 07, 2023.

• Sergey Rybak filed plans for new building for 67,640 sqft in Midtown East, Manhattan, on November 01, 2022.