Mark Seigel
(Mark A. Seigel)
Real Estate Equities Corporation
Owner, Developer
Real Estate Equities Corporation portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$21.9 million – mixed-use 62%, development 37%; Manhattan 100%, Bronx 0%
1628th largest portfolio by dollar value
43,803 sqft – mixed-use 100%, development 0%;
3025th largest by SF
10 properties – Manhattan 100%, Bronx 0%
147th largest
11 residential units – Manhattan 100%, Bronx 0%
787th largest by residential units
Top Ten Associated Companies:
Parkview Financial (1), Raven Capital Management (1), Related Companies (1)
Top Ten Associated People:
Ted Jung (1), Brian Sedrish (1)
Recent activity as signatory:
• Real Estate Equities Corporation borrowed $60.5 million from Raven Capital Management for 156 Bowery, 162 Bowery, 164 Bowery, 166 Bowery, 160 Bowery, and others, Nolita, Manhattan on September 19, 2022.
• Real Estate Equities Corporation borrowed $70 million from Parkview Financial for 23 Third Avenue, 25 Third Avenue, and 3 St Marks Place, East Village, Manhattan on June 23, 2022.
• Real Estate Equities Corporation borrowed $40 million from Related Companies for 2226 3rd Avenue, East Harlem, Manhattan on November 23, 2021.
Latest Stories:
• Kinsmen refiles demo plans where Brandon Miller proposed 72K office building October 03, 2024
• REEC signs $60.5M land loan with Raven Capital for 72K sf dev project in Nolita September 19, 2022
• REEC signs $70M refi with Parkview Financial for dev site in East Village June 24, 2022
• Madison Realty files $48M pre-foreclosure at REEC site in East Village August 13, 2021
• REEC to demolish two-story building in East Harlem where it signed $27M lease October 21, 2020