Naftali Group | The Real Deal New York

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Naftali Group

1700 Broadway, 16th floor
New York, NY 10017
212.759.9777
Website
contact@naftaligroup.com
Naftali-Group
Naftali Group
Naftali Group is a Manhattan-based real estate development firm founded in 2011 by Miki Naftali. Since launching, Naftali has been prolific, developing or managing more than 15 luxury residential mixed-use properties in Manhattan and Brooklyn, including the Shephard in the West Village, several properties on the Upper West Side, and The Arthur on West 25th Street. The firm also developed The Carlyle in Beverly Hills and helped build a dormitory for Pace University. The firm’s stated approach is to keep busy but remain lean, with a small team taking advantage of opportunity and preparing for the inevitable down cycles. It also prefers to finance a good deal of its projects, aiming to chip in at least 50 percent of the loan in many cases. With an eye toward owning office space and other income-producing properties, Naftali has also taken on rentals in Park Slope (the Landmark Park Slope at 267 Sixth Street). Prior to forming his firm, Naftali won accolades and infamy for his renovation of the Plaza hotel while with the Elad Group.
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Naftali Group, CEO
1700 Broadway, 16th Floor, New York, NY, 212.759.9777
Miki Naftali is the chairman and CEO of the New York real estate...
  • Event Financing
  • Address 219 West 77th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 104,000,000
  • Publication Date 10/01/2015
  • Event Date 08/22/2015
  • Party 1 Naftali Group
  • Party 2 Deutsche Bank
  • Party 2 Brokerage Maverick Capital Partners
notes
The firm received a $104 million construction loan.
  • Event Sales
  • Address 182 West 82nd Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 17,050,000
notes
The package of contiguous apartment buildings sold for $17.05 million. The properties are located at 176, 178, 180 and 182 West 82nd Street.
  • Event Sales
  • Building Name 206-210 West 77th Street
  • Address 206 West 77th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 55,480,000
  • Publication Date 08/01/2013
  • Event Date 06/22/2013
  • Party 2 The Naftali Group
notes
The property sold for $55.48 million. The parking garage on the parcel will be demolished to make way for a new condo development. The project is expected to break ground in 2014.
  • Event Sales
  • Building Name 245-259 West 25th Street
  • Address 245 West 25th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 37,000,000
  • Price per foot $ 500.00
  • Publication Date 02/01/2013
  • Event Date 12/23/2012
  • Party 1 Haruvi family
  • Party 2 The Naftali Group
notes
The rental building sold for $37 million, or about $500 per square foot, Crain's reported.
  • Event Sales
  • Building Name 234-238 East 23rd Street
  • Address 234 East 23rd Street
  • Neighborhood Gramercy Park
  • Borough Manhattan
  • Square feet 62,000
  • Price $ 19,500,000
notes
The property sold for $19.5 million. The site currently contains two apartment buildings with 13 residential units and three retail units. Includes 238 East 23rd Street.
  • Event Retail Leasing
  • Address 142 West 23rd Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 2,100
notes
The developer signed a lease for showroom space for a new condo building.
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