Nigri ⇄ Gratsiani — Loan Reconciliation, With Proof
One pooled loan. Money in from Mr. Nigri, money out to Mr. Nigri, a running balance — and the source document behind every payment.
Interest method: 1% of standing principal per month, flat — simple, on principal only, never compounded. Mid-month fundings/payments prorated by day. Each payment clears accrued interest first, then reduces principal on its exact date. Run through July 1, 2026.
The number, in plain terms. Treat it as a zero-interest loan: what he put in minus what we've paid him is the bare capital still owed. Everything else inside the balance is profit he's earned (1% per month on the pool, plus the 717 at 2%). Together they are the $534,055.80 still owed today.
PRINCIPAL
$198,215.17
As of today
PROFIT
$335,840.63
As of today
Total still owed — as of today
$534,055.80
Bottom line — as of July 1, 2026
Nigri put in (he confirmed)
$1,735,557.01
You paid him (proven)
$1,537,341.84
Principal still owed (zero interest)
$198,215.17
Profit to date (incl. 717 @ 2%)
$335,840.63
Money In — Mr. Nigri’s fundings
Confirmed by Mr. Nigri himself (“Correct 100%”). Not in dispute — shown here only so the running balance is complete.
| Date | Amount | Property |
|---|---|---|
| Mar 7, 2023 | $550,000.00 | 1415 President |
| Jun 12, 2023 | $735,557.01 | 658 Eastern |
| Jul 12, 2023 | $100,000.00 | Additional advance |
| Jan 10, 2024 | $350,000.00 | 717 Eastern Pkwy |
| TOTAL IN | 1,735,557.01 |
Money Out — what you paid him (click any line for proof)
$100,000.00
Oct 23, 2023
Return of capital — to Mr. Nigri’s “Meni Group”
▸ See proof (2 sources)▾ Hide proof
Source documents — click the card header again to close
WhatsApp/Email
“I took out the 100k.”
Menachem Nigri → CRE-PRO, Nov 1, 2023
Email
“…you withdrew the $100,000 on 10/23/23 … the Meni Group that Gideon sent the $100K.”
M. Robbins → Nigri, Nov 2, 2023 (encl. statement)
$3,374.22
Nov 2, 2023
Dividend on the above — wired to “Meni Group”
▸ See proof (2 sources, 1 image)▾ Hide proof
Source documents — click the card header again to close
Bank
🔍 click the image to enlarge
Wire to Meni Group (…1786) · from TRU LL PITTSBURGH TR (…6581) · Nov 2, 2023 · $3,374.22.
🔍 click the image to enlargeChase for Business wire confirmation — Txn #8016726743 (Fedwire ref 1102MMQFMP2M019141)
Email
“Yes, please do!” → Robbins: “Sent! Below is your confirmation.”
Nigri → Robbins, Nov 2, 2023
$1,058,967.62
Jul 22, 2024
717 payoff + 1415/658 restoration — via attorney Aaron Goodman’s escrow
▸ See proof (7 sources)▾ Hide proof
Source documents — click the card header again to close
WhatsApp
“…Aaron is doing the refinance, so he is getting all the cash from his trust account anyway. He will give you one million and 717 money…”
Gideon → Nigri, Jun 27, 2024 (how the payoff would work)
WhatsApp
“wires just landed.” → “$867,103.42 + $191,864.20.” [ $867,103.42 + $191,864.20 = $1,058,967.62 ]
Aaron Goodman (escrow attorney), Jul 22, 2024 5:09 PM
WhatsApp
“Good send it over to Nigri. Make sure to apply the first payment for 717 Eastern Parkway.”
Gideon Gratsiani, Jul 22, 2024 5:32 PM
Email
“I confirm receipt of all funds due to Mr. Nigri in repayment of his investment in 717 Eastern Parkway being $401,044.00. Mazel Tov to all.”
Aaron Goodman (Nigri’s attorney), Jul 22–23, 2024
WhatsApp
“I need to check again but is around 1.3” (from Aaron). [ $1,058,967.62 + $250,000 = $1,308,967.62 ]
Menachem Nigri — his own admission of the total received
WhatsApp
“any news about the left over for the 1st deal?” → “100 k around.” (Only possible if ~$1.2M for that deal was paid.)
Menachem Nigri, Nov 13, 2024
Statement
“After calculating your withdrawal in the amount of $1,308,967.62…” — never disputed by Nigri.
CRE-PRO “M Nigri” statement, Sept 1, 2024 (both versions)
$250,000.00
Jul 25, 2024
Release of liens on 224-04 Francis Lewis / 1909 Ave K / 1563 Union
▸ See proof (3 sources)▾ Hide proof
Source documents — click the card header again to close
WhatsApp
“Aron, you have permission to sign the Closings, please wire to Nagri only $250,000. I will give him the rest of the money on my next refinance… Nagri will confirm to you.”
Gideon → Aaron + Nigri group, Jul 25, 2024 1:46 PM
Email
“…release the restrictive declaration with a payment to you of $250,000.”
Aaron Goodman → Nigri, Jul 25, 2024
Email
“yes I do.”
Nigri → Goodman, Jul 25, 2024
$125,000.00
Sep 18, 2024
954 Utica refinance — amount Mr. Nigri retained
▸ See proof (4 sources, 2 images)▾ Hide proof
Source documents — click the card header again to close
Closing
🔍 click the image to enlarge
Line item: “Negri — $125,000.00.”
🔍 click the image to enlargeClosing allocation sheet, Sep 18, 2024 (total $892,000)
WhatsApp
🔍 click the image to enlarge
Goodman: “I need to get consent from Mendy Nigri to remove the restrictive declaration.” — Gideon: “Need to pay him 125.” → “Yes 100%.”
🔍 click the image to enlargeGideon ↔ Aaron Goodman, Sep 18, 2024 11:05 AM
Email
“…I need to keep 125k for me and the rest you can give it to him and realese the ucc.”
Nigri → Goodman, Sep 18, 2024
WhatsApp
Gratsiani: “make it 100 … pay the extra 25 next month” — Nigri: “No.”
Gratsiani ↔ Nigri, Sep 18, 2024
TOTAL PAID TO NIGRI: $1,537,341.84
Running ledger — month by month
| Date | Event | Money In | Money Out | Interest 1%/mo | Profit accrued | 717 @ 2%/mo | Capital still out | TOTAL OWED |
|---|---|---|---|---|---|---|---|---|
| Mar 2023 | Funding from Nigri | 550,000.00 | 4,258.06 1% | 4,258.06 | 550,000.00 | 554,258.06 | ||
| Apr 2023 | Interest accrues (1% of principal) | 5,500.00 1% | 9,758.06 | 550,000.00 | 559,758.06 | |||
| May 2023 | Interest accrues (1% of principal) | 5,500.00 1% | 15,258.06 | 550,000.00 | 565,258.06 | |||
| Jun 2023 | Funding from Nigri | 735,557.01 | 9,913.34 1% | 25,171.41 | 1,285,557.01 | 1,310,728.42 | ||
| Jul 2023 | Funding from Nigri | 100,000.00 | 13,468.47 1% | 38,639.88 | 1,385,557.01 | 1,424,196.89 | ||
| Aug 2023 | Interest accrues (1% of principal) | 13,855.57 1% | 52,495.45 | 1,385,557.01 | 1,438,052.46 | |||
| Sep 2023 | Interest accrues (1% of principal) | 13,855.57 1% | 66,351.02 | 1,385,557.01 | 1,451,908.03 | |||
| Oct 2023 | Paid to Nigri | 100,000.00 | 13,786.43 1% | 80,137.45 | 1,285,557.01 | 1,365,694.46 | ||
| Nov 2023 | Paid to Nigri | 3,374.22 | 13,617.41 1% | 93,754.86 | 1,282,182.79 | 1,375,937.65 | ||
| Dec 2023 | Interest accrues (1% of principal) | 13,617.41 1% | 107,372.27 | 1,282,182.79 | 1,389,555.06 | |||
| Jan 2024 | Funding from Nigri | 350,000.00 | 13,617.41 1% | 120,989.68 | 1,632,182.79 | 1,753,172.47 | ||
| Feb 2024 | Interest accrues (1% of principal) | 13,617.41 1% | 134,607.09 | 7,000.00 2% | 1,632,182.79 | 1,773,789.88 | ||
| Mar 2024 | Interest accrues (1% of principal) | 13,617.41 1% | 148,224.50 | 7,000.00 2% | 1,632,182.79 | 1,794,407.29 | ||
| Apr 2024 | Interest accrues (1% of principal) | 13,617.41 1% | 161,841.91 | 7,000.00 2% | 1,632,182.79 | 1,815,024.70 | ||
| May 2024 | Interest accrues (1% of principal) | 13,617.41 1% | 175,459.32 | 7,000.00 2% | 1,632,182.79 | 1,835,642.11 | ||
| Jun 2024 | Interest accrues (1% of principal) | 13,617.41 1% | 189,076.73 | 7,000.00 2% | 1,632,182.79 | 1,856,259.52 | ||
| Jul 2024 | Paid to Nigri — $1,058,967.62 (7/22) + $250,000 (7/25) | 1,308,967.62 | 11,222.43 1% | 200,299.16 | 323,215.17 | 558,514.33 | ||
| Aug 2024 | Interest accrues (1% of principal) | 5,445.27 1% | 205,744.42 | 323,215.17 | 563,959.59 | |||
| Sep 2024 | Paid to Nigri | 125,000.00 | 4,945.90 1% | 210,690.32 | 198,215.17 | 443,905.49 | ||
| Oct 2024 | Interest accrues (1% of principal) | 4,292.87 1% | 214,983.19 | 198,215.17 | 448,198.36 | |||
| Nov 2024 | Interest accrues (1% of principal) | 4,292.87 1% | 219,276.06 | 198,215.17 | 452,491.23 | |||
| Dec 2024 | Interest accrues (1% of principal) | 4,292.87 1% | 223,568.93 | 198,215.17 | 456,784.10 | |||
| Jan 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 227,861.80 | 198,215.17 | 461,076.97 | |||
| Feb 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 232,154.68 | 198,215.17 | 465,369.85 | |||
| Mar 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 236,447.55 | 198,215.17 | 469,662.72 | |||
| Apr 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 240,740.42 | 198,215.17 | 473,955.59 | |||
| May 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 245,033.29 | 198,215.17 | 478,248.46 | |||
| Jun 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 249,326.16 | 198,215.17 | 482,541.33 | |||
| Jul 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 253,619.04 | 198,215.17 | 486,834.21 | |||
| Aug 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 257,911.91 | 198,215.17 | 491,127.08 | |||
| Sep 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 262,204.78 | 198,215.17 | 495,419.95 | |||
| Oct 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 266,497.65 | 198,215.17 | 499,712.82 | |||
| Nov 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 270,790.52 | 198,215.17 | 504,005.69 | |||
| Dec 2025 | Interest accrues (1% of principal) | 4,292.87 1% | 275,083.39 | 198,215.17 | 508,298.56 | |||
| Jan 2026 | Interest accrues (1% of principal) | 4,292.87 1% | 279,376.27 | 198,215.17 | 512,591.44 | |||
| Feb 2026 | Interest accrues (1% of principal) | 4,292.87 1% | 283,669.14 | 198,215.17 | 516,884.31 | |||
| Mar 2026 | Interest accrues (1% of principal) | 4,292.87 1% | 287,962.01 | 198,215.17 | 521,177.18 | |||
| Apr 2026 | Interest accrues (1% of principal) | 4,292.87 1% | 292,254.88 | 198,215.17 | 525,470.05 | |||
| May 2026 | Interest accrues (1% of principal) | 4,292.87 1% | 296,547.75 | 198,215.17 | 529,762.92 | |||
| Jun 2026 | Interest accrues (1% of principal) | 4,292.87 1% | 300,840.63 | 198,215.17 | 534,055.80 | |||
| Jul 1, 2026 | BALANCE — JULY 1, 2026 | 300,840.63 | 198,215.17 | 534,055.80 |
Why this is undisputable
- Every payment is in Mr. Nigri’s own words or his own attorney’s. A debtor’s written admission that he was paid is the strongest evidence there is — stronger than a bank slip.
- The $1.3M July payment is corroborated four ways: the escrow landing, Mr. Nigri’s “around 1.3 from Aaron,” his “100k left” (Nov 2024), and CRE-PRO’s own statement recording the “$1,308,967.62 withdrawal” — which he never disputed.
- Restraint shows good faith: a separate $12,000 (Jul 11, 2024) is deliberately excluded — it passed through Mr. Nigri’s account to a third party (Zilberman) and was not a payment to him.
- The math is transparent: 1% flat on principal only, never compounded; every figure recomputes from the ledger above.