Thomas Lavin
RFR Holding
375 Park Ave 10th Floor New York, NY 10022
375 Park Avenue, Floor 10 New York, NY 10152
RFR Holding portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.4 billion – office 70%, condo 18%; Manhattan 98%, Brooklyn 1%
44th largest portfolio by dollar value
3,430,702 sqft – office 72%, condo 16%;
82th largest by SF
176 properties – Manhattan 97%, Brooklyn 2%
31th largest
145 residential units – Manhattan 100%, Bronx 0%
653th largest by residential units
34 foreclosures, 0 bankruptcies, 12 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $55.6 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 5,408 square feet
Top Ten Associated Companies:
NYS Teachers’ Retirement System (1), Citibank (1), M&T Bank (1)
Top Ten Associated People:
Michael L. Morrell (1)
Recent activity as signatory:
• Thomas Lavin filed plans for major alteration for 5,408 sqft in Williamsburg, Brooklyn, on November 06, 2023.
• RFR Holding borrowed $55.6 million from Citibank for 477 Madison Avenue, Midtown East, Manhattan on October 19, 2023.
• RFR Holding borrowed $168 million from NYS Teachers’ Retirement System for 352 Madison Avenue and 10 East 45th Street, Grand Central, Manhattan on November 16, 2022.
• Thomas Lavin filed plans for new building for 647,353 sqft in Gowanus, Brooklyn, on March 01, 2022.
• RFR Holding borrowed $9.5 million from M&T Bank for 425 5th Avenue, Garment District, Manhattan on June 25, 2021.
Latest Stories:
• RFR assigns $32M in first mortgage debt to Brookfield’s mezz at 350 Madison (November 17, 2022)
• RFR signs $9.5M refi with M&T Bank for retail condo in Garment District (June 28, 2021)
• RFR Holding obtained financing of $198M from CITIBANK (July 12, 2019)
• RFR Holding paid $155M to J.A.B. MADISON HOLDINGS (July 12, 2019)
• RFR Holding paid $103M to 477 MADAVE HOLDINGS (July 12, 2019)