Tracey Gamble
Apollo Global Management
(Apollo Real Estate Advisors, Apollo Real Estate Credit)
Owner
9 West 57th Street 10th Floor New York NY 10019
9 West 57th Street, 42nd Floor New York, NY 10019
Apollo Global Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$632.2 million – office 74%, hotel 13%; Manhattan 99%, Bronx 0%
86th largest portfolio by dollar value
1,602,279 sqft – office 68%, hotel 18%;
193th largest by SF
5 properties – Manhattan 60%, Brooklyn 40%
152th largest
591 residential units – Brooklyn 100%, Manhattan 0%
332th largest by residential units
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $165 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $167.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Sherwood Equities (1), Blackstone Group (1), Fortress Investment Group (1)
Top Ten Associated People:
Jeffrey Katz (1), Anthony LaBarbera (1), David N. Brooks (1)
Recent activity as signatory:
• Apollo Global Managementand Newbond Holdings borrowed $89.5 million from Fortress Investment Group for 234 West 42nd Street, Times Square, Manhattan on February 01, 2024.
• Apollo Global Managementand Newbond Holdings borrowed $78.3 million from Blackstone Group for 2 Times Square, Times Square, Manhattan on October 30, 2023.
• Sherwood Equities sold 2 Times Square, Times Square, Manhattan for $165 million to Apollo Global Managementand Newbond Holdings on October 25, 2023.