John Silviano
Principal
Barone Management
Owner, Developer
Barone Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$36.7 million – office 42%, specialty 35%; Queens 74%, Bronx 25%
1151th largest portfolio by dollar value
280,093 sqft – specialty 41%, office 36%;
918th largest by SF
10 properties – Queens 60%, Bronx 30%
147th largest
11 residential units – Brooklyn 100%, Manhattan 0%
787th largest by residential units
0 foreclosures, 1 bankruptcy, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $8.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Metropolitan Commercial Bank (5), Meng Hua Wang (1), Fieldpoint Private Bank & Trust (1), Catherine Phyllis Cronin (1), Low Income Investment Fund (1), Yaakov Klein (1), Guan Yu Li (1)
Top Ten Associated People:
Vivek Baid (2), Meng Hua Wang (1), Ross Dahmen (1), Adam P. Ercoli (1), Catherine Phyllis Cronin (1), Jay Shah (1), Yaakov Klein (1), Meir Frei (1), Avraham Mordechai Weits (1), Guan Yu Li (1)
Recent activity as signatory:
• Barone Management borrowed $8.1 million from Low Income Investment Fund for 629 Courtlandt Avenue, Melrose, Bronx on August 16, 2023.
• Barone Management borrowed $40 million from Metropolitan Commercial Bank for 80-52 47th Avenue and 45-20 83rd Street, Elmhurst, Queens on September 09, 2022.
• Catherine Phyllis Cronin sold 80-52 47th Avenue and 45-20 83rd Street, Elmhurst, Queens for $22 million to Barone Management on September 09, 2022.
• Growing Up Green Charter School borrowed $38 million from Metropolitan Commercial Bank for 89-25 161st Street, 89-17 161st Street, and 89-17 161st Street, Jamaica, Queens on August 31, 2022.
• Barone Management borrowed $5.8 million from Fieldpoint Private Bank & Trust for 11-11 40th Avenue, Long Island City, Queens on July 19, 2022.
• John Silviano filed plans for major alteration for 84,599 sqft in Long Island City, Queens, on April 25, 2022.
• Meng Hua Wang sold 11-11 40th Avenue, Astoria, Queens for $4.5 million to Barone Management on December 02, 2021.
• Barone Management borrowed $7.5 million from Metropolitan Commercial Bank for 34-12 10th Street, Astoria, Queens on December 01, 2021.
• Growing Up Green Charter School borrowed $32 million from Metropolitan Commercial Bank for 89-17 161st Street and 89-25 161st Street, Queens, Queens on June 28, 2021.
• Barone Management borrowed $17 million from Metropolitan Commercial Bank for 9-21 44th Road, Long Island City, Queens on May 13, 2021.
Latest Stories:
• Barone Management puts LIC office building listed for $31.5M in bankruptcy November 15, 2024
• Barone Management signs $8.1M construction loan for charter school in Melrose August 17, 2023
• Barone Management pays $22M for two dev parcels in Elmhurst, gets $40M loan September 12, 2022
• Barone Management pays $4.5M for office building in Astoria December 03, 2021
• Barone Management signs $32M refi with Metropolitan Commercial in Jamaica June 29, 2021
• Guan Yu Li pays $8.1M to John Silviano for property in Borough Park February 24, 2021