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Mandy Sells Sells Sells 16 Buildings In 2 Months

Recently sold by Mandy. Clockwise from top left: 316 Blatchley Ave., 308 Poplar St., 187 Saltonstall Ave., and 295 Lloyd St. Credit: Thomas Breen photos

by Thomas Breen

Mandy Management affiliates have sold 16 buildings containing 52 different apartments for more than $7.6 million so far this year — as the local megalandlord continues its recent trend of divesting itself of swathes of its extensive New Haven real estate portfolio.

According to the company’s CEO, these sales “are part of an ongoing portfolio rebalancing effort and reflect disciplined capital management, not a shift in overall strategy.”

The spate of recent property sales by Mandy saw a mix of New York and New Haven buyers pick up houses across Fair Haven, the Hill, and the Annex, among other neighborhoods, during the first two months of 2026.

The 16 different sales represent a total of $7,632,000 in property transactions for local rentals that were most recently appraised by the city for tax purposes as worth a total of $4,601,900.

As recorded on the city’s land records database, these sales include:

Amidst all of these sales, the only purchase a Mandy affiliates appears to have made over the past two months took place on Jan. 13, when YG Flips LLC — a holding company controlled by Mandy Management CEO Yudi Gurevitch — bought the single-family house at 3 Highview Ln. for $220,000 from James Koseski. That property last sold for $128,000 in 1986, and the city last appraised it for tax purposes as worth $186,200.

In a comment provided to the Independent for this article, Mandy’s Yudi Gurevitch stressed that his company is still very much invested in New Haven real estate.

“As property owner/operator, Mandy Management routinely evaluates its portfolio to ensure alignment with long-term strategic business objectives,” he wrote. Thus these sales.

The Independent asked about why so many of these sales — five in total — took place last week, at the same time that a fire broke out at a different 45-unit Mandy building at 1523 Chapel St., leading to the displacement of 79 tenants and the city’s condemnation of the property.

“As with many real estate operators, dispositions occur throughout the year based on market conditions, asset performance, and capital allocation priorities, Gurevitch wrote. “The timing of specific closings in any given week is largely transactional and administrative rather than indicative of any broader change. We remain active in the market and continue to assess both acquisition and disposition opportunities as part of normal portfolio optimization.”

In a separate email comment, one of the recent buyers of a Mandy property — Greenfeld of Monsey, N.Y. — confirmed that his company has purchased 354 Blatchey “as part of our ongoing investment in residential properties in New Haven.”

“Our focus is on long-term ownership, responsible management, and maintaining properties in a way that supports both the tenants and the surrounding neighborhood,” Greenfeld continued.

“We are committed to ensuring the property is safe, properly maintained, and operated in compliance with all applicable city and state requirements. 

“More broadly, our goal is to help bring stability and consistent oversight to the area through professional management and proactive property care.”

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