Yechiel Newhouse
Owner
Yechiel Newhouse portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$179.8 million – condo 35%, walkup 33%; Manhattan 40%, Bronx 38%
320th largest portfolio by dollar value
2,242,460 sqft – elevator 50%, walkup 25%;
137th largest by SF
52 properties – Manhattan 75%, Bronx 21%
105th largest
2,067 residential units – Bronx 52%, Manhattan 33%
102th largest by residential units
Person Activity past 24 months:
Buyer signatory: 7 for $124.1 million
Seller signatory: 0 for $0
Borrower signatory: 4 for $57.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Santander Bank (2), Lemle & Wolff Companies (2), Arker Companies (2), ConnectOne Bank (2), Investors Bank (1), Sharp Management (1), L+M Development Partners (1), BFC Partners (1), Signature Bank (1), Bernard Gans (1)
Top Ten Associated People:
Joseph J. Zitolo (2), Alex Arker (2), Martin Kirzner (1), John J. Frezza (1), Brandon Baron (1), Donald Capoccia (1), Bernard Gans (1), Matthew Becker (1), Ursula Flores (1), Jorge Madruga (1)
Recent activity as signatory:
• Lemle & Wolff Companies sold 34 West 139th Street, 34 West 139th Street, 34 West 139th Street, and 34 West 139th Street, Harlem, Manhattan for $31.5 million to Yechiel Newhouse on October 16, 2024.
• Yechiel Newhouse borrowed $12.3 million from Amalgamated Bank for 259 West 144th Street and 226 West 144th Street, Harlem, Manhattan on September 13, 2024.
• Lemle & Wolff Companies sold 259 West 144th Street and 226 West 144th Street, Harlem, Manhattan for $16.5 million to Yechiel Newhouse on September 13, 2024.
• Yechiel Newhouse borrowed $19.5 million from JPMorgan Chase for 1500 Noble Avenue, Parkchester, Bronx on January 29, 2024.
• Related Companies sold 1500 Noble Avenue, Parkchester, Bronx for $26 million to Yechiel Newhouse on January 29, 2024.
• Yechiel Newhouse borrowed $14 million from Flushing Bank for 950 Westchester Avenue, 950 Westchester Avenue, 950 Westchester Avenue, 950 Westchester Avenue, and 950 Westchester Avenue, Longwood, Bronx on October 30, 2023.
• Arker Companiesand Radson Developmentand Maddd Equities sold 950 Westchester Avenue and 950 Westchester Avenue, Longwood, Bronx for $8.6 million to Yechiel Newhouse on October 30, 2023.
• Arker Companies sold 950 Westchester Avenue, Longwood, Bronx for $10.5 million to Yechiel Newhouse on October 30, 2023.
• Bernard Gans sold 800 Victory Boulevard, Silver Lake, Staten Island for $15 million to Yechiel Newhouse on September 07, 2023.
• Yechiel Newhouse borrowed $12 million from Signature Bank for 450 Kent Avenue, Williamsburg, Brooklyn on January 26, 2023.
Latest Stories:
• Yechiel Newhouse pays $16.5M to Lemle & Wolff for two properties in Harlem September 16, 2024
• Yechiel Newhouse pays $15M to Bernard Gans for 150-unit rental on Staten Island September 08, 2023
• Yechiel Newhouse pays $43M to NYC Housing Partnership for rental in Unionport December 06, 2021
• Yechiel Newhouse pays $8M to Galaxy General for rental in Morris Heights November 01, 2021
• Yechiel Newhouse pays $9.2M to Barberry Rose for rental in Washington Heights August 09, 2021