Icon Realty Management | The Real Deal New York

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Icon Realty Management

419 Lafayette Street, 5th Floor
New York, NY 10003
(212) 675-7100
Website
info@iconrealtymgmt.com
Icon Realty Management

Icon Realty Management is a real estate management company with more than 1,800 apartment units throughout New York City, primarily on the Upper and Lower East Side and in Greenwich Village. Owned by Terrence Lowenberg and Todd Cohen, the company has a patchy reputation as a landlord. In 2008, rent-stabilized tenants in the East Village accused Icon of harassment when the company repeatedly tried to get them to leave their apartments. In 2010, Icon was sued over allegations of fraud related to the company’s ownership of Gem Hotel in Chelsea. In 2015, Icon had the ignominy of making the Urban Homesteading Assistance Board’s worst-landlords list. That same year, Icon was sued for wrongful eviction after it attempted to kick out the restaurant at one of its East Village properties destroyed by a gas explosion. On the Upper East Side, Icon has bought up blocks of properties in the 80s (and evicted longtime restaurants there to redevelop the buildings).

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Mid Market Sales
09/19/16
...Williamsburg 1.) A partnership between Stellar Management and Terrence Lowenberg’s Icon Realty Management picked up a the Educational Alliance building, a former drug...

permit feature
09/09/16
The biggest real estate project proposed in August was a pair of affordable apartment buildings in East New York. Arker Companies, one of the city’s most...

3-03330-0014.07zoIOx1
08/03/16
...Tenants at 36 Linden Street claim they've been harassed by landlord Icon Realty Management and forced to cook on hot plates for months, after...

IconUESfbox
08/02/16
...From left: Terrence Lowenberg, Todd Cohen and 301 East 80th Street Icon Realty Management has finally filed plans to build a 30-story tower on...

07/05/16
...A Japanese-based investor acquired an East Village rental building from Icon Realty Management. Hiroaki Suzuki paid $11.4 million for the 10-unit multifamily building at...

featured
06/13/16
...Chelsea Pines Inn at 317 W. 14th St. Inset: Icon Realty Management...

Rendering of 215-219 West 28th Street and Eran Polack of HAP Investments
02/29/16
...Fruitful Properties Corp., led by principal Chen Chung. 6.) Investment firm Icon Realty Management paid $10.6 million for a pair of commercial warehouses at 69-...

koicim icon fb
11/19/15
...investor picked up a pair of East Village buildings from Icon Realty Management for $30.9 million. One of the buildings, a six-unit property at...

347 Lorimer Street and Robert Morgenstern
11/10/15
...corner building totals 33,600 square feet and includes three commercial units. 8.) Icon Realty Management’s Terrence Lowenberg and Todd Cohen sold a 14-unit rental...

From left: Bill Rudin and 32 Sixth Avenue in Tribeca
10/22/15
Rudin Management is taking advantage of low interest rates while they last, signing a $425 million loan to refinance its 32 Sixth Avenue office tower. The 10-year...

demolition-man-1-1024-e1445520784608-300x189
10/22/15
Manhattan’s great builders are also its most fearsome destroyers. Tags: chetrit group, demolition, extell development, icon realty management, SL Green Realty, trinity real estate ...

Alex Kahen and 381-383 First Avenue
09/22/15
...on the upper levels. Marolda acquired the five-story building in 2000. 5.) Icon Realty Management is taking over a 34-unit residential building in Bushwick. The...

Meyer Orbach and 9 Central Park North
08/18/15
...the buyer and seller. 3.) Terrence Lowenberg and Todd Cohen’s Icon Realty Management sold an 18-unit Upper West Side townhouse to an entity...

Garodnick ft
08/11/15
Buoyed by a $1.25 million boost in City Council funding, tenant advocacy group Stabilizing NYC is running its own “bad landlords” watch list that includes...

icon ues feat
08/11/15
...Work started up at Terrence Lowenberg and Todd Cohen’s Icon Realty Management...

ft350-West-71st-Street
04/12/15
...Icon Realty Management...

DHArenderingthumb
10/10/14
...the New York Daily News. DHA bought 50 Clinton Street from Icon Realty Management for $28 million. (more&hellip...

20140925_1562_second_feature
09/25/14
...renderings Architecture firm Issac & Stern has filed permits for Icon Realty Management’s 1562 Second Avenue, offering new details about the prewar-style residence...

Cascabel Mexican eatery on the upper east side
07/22/14
Multiple business on the Upper East Side are closing to make way for a new development. Tags: icon realty management ...

DUFRESNEthumb
06/12/14
Wylie Dufresne, one of the city’s most celebrated chefs, will be closing his Lower East Side restaurant to make space for a new development. Tags: 50...

221-west-17th
05/28/14
Real estate investment firm DelShah Capital bought a six-story commercial building in Chelsea for $26.4 million, according to property records filed with the city today. Tags:...

50-clinton-1
04/09/14
...Clinton Street Icon Realty Management filed plans with the Department of Buildings for a seven-story...

GEM-FB
03/11/14
...West 22nd Street Icon Realty Management has secured $33 million in financing for Chelsea's GEM Hotel, replacing...

Larry Gluck and 252 West 76th Street
03/10/14
Laurence Gluck bought a 50 percent interest in the corporation that owns two Upper West Side rental buildings on West 76th Street, a source familiar...

second-avenue
02/18/14
Construction at the former site of an East Village funeral home has wrapped up and will soon give rise to high-end rental units and retail...
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  • Event Sales
  • Address 346 West 71st Street|350 West 71st Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 55,200,000
notes
The properties sold for $55.2 million.
  • Event Sales
  • Address 317 West 14th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 13,750,000
notes
The hotel sold for $13.75 million.
  • Event Sales
  • Address 326-328 East Fourth Street
  • Neighborhood East Village
  • Borough Manhattan
  • Price $ 20,000,000
  • Publication Date 02/01/2016
  • Event Date 12/23/2015
  • Party 1 Icon Realty Management
  • Party 2 Fawn East Fourth Street, 1881 East Fourth Street, SFP Fawn Holdings
notes
The 10-unit building sold for $20 million.
  • Event Sales
  • Address 82 Second Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 2,200
  • Price $ 10,900,000
  • Price per foot $ 4,954.55
notes
The five-story mixed-use building was sold for $10.9 million.
  • Event Sales
  • Address 82 Second Avenue
  • Borough Manhattan
  • Price $ 10,900,000
notes
The five-story mixed-use building sold for
  • Event Sales
  • Address 326 East 4th Street
  • Borough Manhattan
  • Price $ 20,000,000
notes
The two contiguous six-story buildings, which include 328 East 4th Street, sold for
  • Event Retail Leasing
  • Address 82 Second Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 800
  • Publication Date 10/01/2014
  • Event Date 08/22/2014
  • Party 1 Terrence Lowenberg
  • Party 1 Brokerage Icon Realty Management
  • Party 2 Golden Crepes
  • Party 2 Brokerage Kassin Sabbagh Realty
  • Party 2 Broker Abraham Zarif, Albert Manopla
notes
The crepe shop signed a 10-year lease for its second location. The reported asking rent was $175 per square foot.
  • Event Financing
  • Address 300 West 22nd Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 33,000,000
  • Publication Date 05/01/2014
  • Event Date 03/22/2014
  • Party 1 Icon Realty Management
  • Party 1 Brokerage Mission Capital Advisors
  • Party 1 Broker Jordan Ray, Jason Cohen, Ari Hirt
  • Party 2 Ladder Capital
notes
A $33 million first mortgage and mezzanine financing was secured to refinance the GEM Hotel. The loan replaces an initial $22 million mortgage that closed in January 2012. 81-room hotel
  • Event Sales
  • Building Name 58-60 Ninth Avenue
  • Address 60 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 10,839
  • Price $ 18,200,000
  • Price per foot $ 1,679.12
notes
The property sold for $18.2 million. Located across the street from an Apple Store, the space is currently home to Pop Burger, which will be closing in the near future.
  • Event Sales
  • Address 58-60 Ninth Avenue
  • Neighborhood West Village
  • Borough Manhattan
  • Price $ 18
notes
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  • Event Sales
  • Address 325 East 10th Street
  • Neighborhood East Village
  • Borough Manhattan
  • Price $ 28,750,000
notes
The properties sold for $28.75 million, the New York Post reported. The buildings are located at 325 East 10th Street and 329, 331, 333 and 335 East 9th Street.
  • Event Sales
  • Address East Village portfolio
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 29
notes
[EMPTY]
  • Event Retail Leasing
  • Address 443 East 78th Street
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 1,200
notes
The wellness center signed a five-year lease.
  • Event Sales
  • Building Name 58-60 Ninth Avenue
  • Address 60 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 7,750,000
  • Publication Date 06/01/2012
  • Event Date 04/22/2012
  • Party 1 Vectra Management Group
  • Party 1 Brokerage ERG Property Advisors
  • Party 1 Broker James Kinsey
  • Party 2 Icon Realty Management
  • Party 2 Brokerage ERG Property Advisors
  • Party 2 Broker James Kinsey
notes
The adjacent properties sold for $7.75 million. The ground-floor retail space is occupied by Pop Burger.
  • Event Sales
  • Address 58-60 Ninth Avenue
  • Neighborhood West Village
  • Borough Manhattan
  • Price $ 8
  • Publication Date 06/01/2012
  • Event Date 04/17/2012
  • Party 1 Vectra Management Group
  • Party 1 Broker James Kinsey
  • Party 2 Icon Realty Management
  • Party 2 Brokerage ERG Property Advisors
  • Party 2 Broker James Kinsey
notes
[EMPTY]
  • Event Retail Leasing
  • Address 147 First Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 600
notes
The coffee shop signed a lease.
  • Event Sales
  • Building Name 342-350 West 71st Street
  • Address 342 West 71st Street
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Price $ 23,000,000
notes
The adjacent properties sold for $18.5 million. The buildings had been used for years as an informal hotel.
  • Event Sales
  • Address 610 East 9th Street
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 11,568
  • Price $ 4,000,000
  • Price per foot $ 345.78
notes
The prewar walk-up building sold for $4 million. The price represents a gross rent multiple of 10.
  • Event Sales
  • Address 1494 Second Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 7,750
  • Price $ 7,850,000
  • Price per foot $ 1,012.90
notes
The walk-up building sold for $7.85 million.
  • Event Retail Leasing
  • Address 147 First Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 1,600
notes
The café signed a 12-year lease. The reported asking rent was $110 per square foot.
  • Event Retail Leasing
  • Address 316 West 14th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 600
notes
The hair removal salon signed a lease. The reported asking rent was $150 per square foot.
  • Event Sales
  • Building Name 317-319 Second Avenue
  • Address 317 Second Avenue
  • Neighborhood Gramercy Park
  • Borough Manhattan
  • Square feet 14,447
  • Price $ 4,750,000
  • Price per foot $ 328.79
notes
The property sold for $4.75 million, or $329 per square foot. The price represents a capitalization rate of 4.7 percent and a gross rent multiple of 13.2.
  • Event Retail Leasing
  • Address 324 West 14th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 1,910
notes
The restaurant signed a 10-year lease with a five-year option. The reported asking rent was $85 per square foot.
Manhattan, 10002
ORCHARD & GRAND LLC
...
Manhattan, 10014
Icon Realty Management, 322 WEST 14TH STREET REALTY, LLC
...
Manhattan, 10012
Icon Realty Management, 307-309 MOTT REALTY L
...
Manhattan, 10023
Icon Realty Management, CYDONIA W71, INC OF DNA
Convert Existing Sro Building Into A Class 'A' Multiple Dwelling. ...
Manhattan, 10028
Icon Realty Management, ICON REALTY MANAGEMENT, LLC
...
Manhattan, 10002
DHA Capital, 50 CLINTON PROPERTY OWNER LLC
50 Clinton Street is an under construction mixed-use development in Manhattans Lower East...

UES_FINAL-web-map-feature
For years, the promise of a Second Avenue subway line has tantalized residential developers who have been hungrily eying the stretch of the Upper East...

demolition-man-1-1024-e1445520784608-300x189
10/22/15
Manhattan’s great builders are also its most fearsome destroyers. Tags: chetrit group, demolition, extell development, icon realty management, SL Green Realty, trinity real estate ...

thumbnail
The suspicion, anger and lack of trust over money can make the atmosphere at 111 Centre Street in Lower Manhattan seem a lot like divorce...
Manhattan, 10014
Icon Realty Management, 322 WEST 14TH STREET REALTY, LLC
...
Manhattan, 10023
Icon Realty Management, CYDONIA W71, INC OF DNA
Convert Existing Sro Building Into A Class 'A' Multiple Dwelling. ...
Manhattan, 10028
Icon Realty Management, ICON REALTY MANAGEMENT, LLC
...
Manhattan, 10002
DHA Capital, 50 CLINTON PROPERTY OWNER LLC
50 Clinton Street is an under construction mixed-use development in Manhattans Lower East...
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