Osher Niyazov

Principal

REDA Group

Owner

REDA Group portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$9.7 million – hotel 100%; Bronx 51%, Brooklyn 48%

2678th largest portfolio by dollar value

42,887 sqft – hotel 100%;

3063th largest by SF

2 properties – Bronx 50%, Brooklyn 50%

155th largest

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 1 for $7.2 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Alpine Capital Bank (2), Manny Chadha (1), New Millennium Bank (1)

Top Ten Associated People:

Manny Chadha (1), Kevin Joo Lee (1)

Recent activity as signatory:

• REDA Group borrowed $7.2 million from New Millennium Bank for 3294 Atlantic Avenue, East New York, Brooklyn on April 15, 2024.

• Osher Niyazov sold 1162 Wheeler Avenue, Soundview, Bronx for $5 million to Manny Chadha on November 14, 2022.

• REDA Group borrowed $7.2 million from Alpine Capital Bank for 346 Grand Concourse, Mott Haven, Bronx on September 02, 2022.

• Osher Niyazov borrowed $5.5 million from Alpine Capital Bank for 752 East Tremont Avenue, Tremont, Bronx on August 31, 2020.

Litigation:

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