David Tawfik
(David A. Tawfik)
President|Ceo
Princeton International Properties
Owner
Princeton International Properties portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$94.6 million – office 95%, condo 4%; Manhattan 100%, Bronx 0%
568th largest portfolio by dollar value
320,626 sqft – office 95%, condo 4%;
845th largest by SF
2 properties – Manhattan 100%, Bronx 0%
155th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $33.5 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (2), Lalezarian Properties (1)
Top Ten Associated People:
Kenneth A. Stagnari (2), Kevin Lalezarian (1)
Recent activity as signatory:
• Princeton International Properties sold 650 1st Avenue, Murray Hill, Manhattan for $33.5 million to Lalezarian Properties on March 27, 2023.
• Princeton International Properties borrowed $128 million from Signature Bank for 150 East 52nd Street, Midtown East, Manhattan on September 15, 2022.
• Princeton International Properties borrowed $12.5 million from Signature Bank for 121 West 20th Street, Chelsea, Manhattan on August 18, 2022.