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).


02/27/17
...Van Duyn, who has owned the property since 1980. 4.) Icon Realty Management and Stellar Management flipped an 11-unit multifamily building in Hell’s Kitchen they bought...

02/13/17
...th Street Terrence Lowenberg and Todd Cohen’s Icon Realty Management picked up a nine-story office building in Chelsea for $33 million, property records show. The...

12/29/16
...-story residential tower at 301 East 80th Street. Developer Icon Realty Management filed the permit application in August, calling for a 69-unit, 208,545-square-foot building. 4. Margulies Hoelzli...

12/07/16
...at 15 Crooke Avenue last sold in 2014 for $14.3 million. 2.) Icon Realty Management bought a 34-unit multifamily building in the West Village for $15.7 million from Daniel Brodsky...

12/07/16
...Gary Barnett Terrence Lowenberg and Todd Cohen’s Icon Realty Management just picked up one of the former Ring portfolio buildings from Extell Development for...

09/19/16
...partnership between Stellar Management and Terrence Lowenberg’s Icon Realty Management picked up a the Educational Alliance building, a former drug and alcohol treatment center...

09/09/16
...Todd Cohen of Icon 301 East 80th Street, Manhattan   Icon Realty Management owned this development site on the Upper East Side for four years before filing...

08/03/16
...Linden Street claim they've been harassed by landlord Icon Realty Management and forced to cook on hot plates for months, after cooking gas was shut...

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

07/05/16
...investor acquired an East Village rental building from Icon Realty Management. Hiroaki Suzuki paid $11.4 million for the 10-unit multifamily building at 329 East 10th Street. The...

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

02/29/16
...Corp., led by principal Chen Chung. 6.) Investment firm Icon Realty Management paid $10.6 million for a pair of commercial warehouses at 69-71 Grand Street in Williamsburg...

11/19/15
...up a pair of East Village buildings from Icon Realty Management for $30.9 million. One of the buildings, a six-unit property at 82 Second Avenue, traded for...

11/10/15
...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 building at 412 West 36th...

10/22/15
...expire in April 2017. Behind the story: 32 Sixth Avenue Icon Realty Management Bill Rudin, the firm's CEO, defended the decision, saying the fee was worth locking...

10/22/15
...as many as the next most prolific filer, Icon Realty Management, according to an analysis of Department of Buildings filings for Manhattan projects by The...

09/22/15
...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 Manhattan-based landlord paid $10.5 million...

08/18/15
...and seller. 3.) Terrence Lowenberg and Todd Cohen’s Icon Realty Management sold an 18-unit Upper West Side townhouse to an entity listed as 18 West 76th...

08/11/15
...no stranger to "worst landlord" lists; Coltown Properties; Icon Realty Management; and Benedict Realty Group, which is being sued by tenants at a rent-stabilized Queens...

08/11/15
...up at Terrence Lowenberg and Todd Cohen’s Icon Realty Management...

04/12/15
...Icon Realty Management...

10/10/14
...York Daily News. DHA bought 50 Clinton Street from Icon Realty Management for $28 million. DHA's project at 50 Clinton Street, the project for which restaurant wd~50 will...

09/25/14
...firm Issac & Stern has filed permits for Icon Realty Management’s 1562 Second Avenue, offering new details about the prewar-style residence. The 14-story building at...

07/22/14
...closing to make way for a new development. Icon Realty Management bought six buildings on Second Avenue between 80th and 81st streets over the past...

06/12/14
...days." Dufresne, 44, told The New York Times that Icon Realty Management is planning to build a new building at the site at 50 Clinton Street. "It's...
  • Event Retail Leasing
  • Address 152 Second Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 3,250
notes
The restaurant signed a 12-year lease.
  • Event Retail Leasing
  • Address 350 Third Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,600
notes
The eatery, known for its flame broiled chicken, signed a lease.
  • Event Sales
  • Address 454 West 58th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 9,625
  • Price $ 11,400,000
notes
The 11-unit multifamily property was sold for $5.4 million.
  • Event Sales
  • Address 133 West 25th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 45,449
  • Price $ 33,000,000
notes
The industrial and manufacturing property was sold for $33 million.
  • Event Financing
  • Address 133 West 25th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 45,449
  • Price $ 23,300,000
notes
The company secured a $23.3 million acquisition and construction loan for the industrial and manufacturing property.
  • Event Sales
  • Address 24-26 Jane Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 13,341
  • Price $ 15,700,000
notes
The 5-story, 34 unit multifamily property was sold for $15.7 million.
  • Event Retail Leasing
  • Address 152 Second Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 1,500
notes
The juice shop signed a 12-year lease.
  • 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 326 East 4th Street
  • Neighborhood East Village
  • Borough Manhattan
  • Price $ 20,000,000
notes
The two contiguous six-story buildings, which include 328 East 4th Street, sold for
  • Event Sales
  • Address 37 Crosby Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Price $ 17,900,000
  • 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 $ 18,200,000
  • 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 $ 28,750,000
  • 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
  • Address 58-60 Ninth Avenue
  • Neighborhood West Village
  • Borough Manhattan
  • Price $ 7,750,000
  • 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
  • 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 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 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.
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...is selling the units. 1562 Second Avenue 1562 Second Avenue Icon Realty Management’s Terrence Lowenberg and Todd Cohen seize opportunity where they see it. And they...

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