William Henrich
Extell Development
Extell Development|Bluestone Group|Princeton Real Estate Partners|Robert Gans portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.7 billion – condo 53.0%, specialty 14.0%; Manhattan 98.0%, Brooklyn 1.0%
33th largest portfolio by dollar value
4,982,498 sqft – condo 44.0%, specialty 21.0%;
55th largest by SF
925 properties – Manhattan 99%, Bronx 0%
4th largest
2,247 residential units – Manhattan 100.0%, Bronx 0.0%
91th largest by residential units
2 foreclosures, 22 bankruptcies, 20 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 3 for $63.4 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 15,360 square feet
Top Ten Associated Companies:
Empire Automotive Group (1), Glass Stone Properties (1), Cheskel Schwimmer (1)
Top Ten Associated People:
Recent activity as signatory:
• Extell Developmentand Bluestone Groupand Princeton Real Estate Partners sold 616 11th Avenue, Hell’s Kitchen, Manhattan for $33.2 million to Cheskel Schwimmer on March 28, 2024.
• Extell Developmentand Bluestone Groupand Princeton Real Estate Partners sold 173 Spring Street, SoHo, Manhattan for $21 million to Glass Stone Properties on March 15, 2024.
• William Henrich filed plans for major alteration for 15,360 sqft in Hell’s Kitchen, Manhattan, on January 17, 2024.
• Robert Gans sold 108-16 Merrick Boulevard and 108-02 Merrick Boulevard, Jamaica, Queens for $9.2 million to Empire Automotive Group on May 30, 2023.