Sidney Borenstein
Owner
Sidney Borenstein portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$7 million – N2 56%, N9 22%; Brooklyn 79%, Bronx 20%
3189th largest portfolio by dollar value
81,132 sqft – N2 47%, N9 28%;
2154th largest by SF
3 properties – Brooklyn 66%, Bronx 33%
154th largest
45 residential units – Bronx 55%, Brooklyn 44%
753th largest by residential units
Top Ten Associated Companies:
Popular Bank (4), Friends Of Emblaze Academy Charter School (1), Pink Stone Capital Group (1), TriState Capital Bank (1)
Top Ten Associated People:
Joseph A. Farrauto (3), Richard Ohebshalom (1), Robert Gambitsky (1)
Recent activity as signatory:
• Sidney Borenstein borrowed $8.3 million from Popular Bank for 998 Blake Avenue, East New York, Brooklyn on April 29, 2022.
• Sidney Borenstein borrowed $10 million from Popular Bank for 400 Mcguinness Boulevard, Greenpoint, Brooklyn on April 19, 2022.
• Joseph Katzand Sidney Borenstein borrowed $5.5 million from Popular Bank for 1530 Beach Avenue, Parkchester, Bronx on April 14, 2022.
• Pink Stone Capital Group sold 105 Washington Street, Financial District, Manhattan for $9.5 million to Sidney Borenstein on April 08, 2021.
• Sidney A. Borenstein borrowed $6.7 million from TriState Capital Bank for 105 Washington Street, Financial District, Manhattan on April 08, 2021.
• Sidney A. Borenstein borrowed $10.5 million from Popular Bank for 3674 3rd Avenue, Morrisania, Bronx on December 24, 2020.
• Triumph Hotels sold 1164 Garrison Avenue, Hunts Point, Bronx for $0 to Friends Of Emblaze Academy Charter School on July 14, 2020.
Latest Stories:
• 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
• Richard Ohebshalom buys out father’s stake at FiDi dev site valued at $57.7M September 10, 2020
• Charter school records ground lease with Triumph Hospitality Group in Hunts Point July 15, 2020