Kiumarz Geula

Principal

Pillar Property Management

Owner

LinkedIn

Pillar Property Management portfolio

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

$25.8 million – specialty 56.0%, development 19.0%; Bronx 65.0%, Manhattan 19.0%

1445th largest portfolio by dollar value

204,041 sqft – specialty 38.0%, office 37.0%;

1168th largest by SF

11 properties – Bronx 81%, Manhattan 9%

146th largest

12 residential units – Bronx 100.0%, Manhattan 0.0%

786th largest by residential units

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 2 for $20.5 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Dime Community Bank (3), Bethpage Federal Credit Union (3), Bank of Hope (3), Rockwood Park Jewish Center (1), RCH Capital (1), Bank of America (1), Bethpage Commercial (1)

Top Ten Associated People:

Harold Rosenbaum (1), Andrew Lenzioszek Jr. (1), Chun Gun Park (1), Mario Colon (1), Robert Fish (1)

Recent activity as signatory:

• Pillar Property Management borrowed $20.5 million from Bank of Hope for 647-651 Elton Avenue, 430 East 153rd Street, and 428 East 153rd Street, Melrose, Bronx on November 15, 2024.

• Pillar Property Management borrowed $0 from RCH Capital for 310 West 36th Street, Garment District, Manhattan on April 01, 2024.

• Pillar Property Management borrowed $16 million from Bank of Hope for 1366 Cromwell Avenue, Mt Eden, Bronx on January 10, 2023.

• Kiumarz Geula filed plans for new building for 68,317 sqft in Melrose, Bronx, on December 14, 2022.

• Pillar Property Management borrowed $18.1 million from Dime Community Bank for 808 Cauldwell Avenue, Longwood, Bronx on November 30, 2022.

• Kiumarz Geula borrowed $7.2 million from Bethpage Federal Credit Union for 156-45 84th Street, Howard Beach, Queens on September 08, 2022.

• Rockwood Park Jewish Center sold 156-45 84th Street, Howard Beach, Queens for $3.5 million to Pillar Property Management on September 08, 2022.

• Pillar Property Management borrowed $17 million from Dime Community Bank for N/A Washington Avenue, Morrisania, Bronx on January 07, 2022.

• Kiumarz Geula filed plans for new building for 52,539 sqft in Mt Eden, Bronx, on November 23, 2021.

• Pillar Property Management borrowed $18.2 million from Dime Community Bank for 15-20 Central Avenue, Far Rockaway, Queens on July 21, 2021.