The Malafis family appear to be invested in a number of property holdings & developments in the Slope/Greenwood area. In 2012, Nicholas Milafis and Ionnis Glyptis took over a stalled Isaac Katan development at 683 Fourth Avenue, under two LLCs with a 285 15th Street address.
683 Fourth, above, at right
The pair also developed a 26 unit apartment at 433 Third Avenue. Milafis Senior is listed as the president of GNM Management, with a business address of 285 15th, an apartment building at the corner of 15th & Sixth. Other properties connected to the family include buildings on Seventh Avenue and 11th Street.
Note: When I first wrote this post I mis-identified the building 630 Fifth (below) as having originally been the Lyric Hall theater, which was was actually located at 630 Fourth Avenue, but a sharp-eyed reader corrected my error. Thank you!
Eagle Provisions to Close
Fifth & 18th: 1941